Moderately bullish activity in AST SpaceMobile (ASTS), with shares up $7.34, or 7.1%, near $110.84. Options volume roughly in line with average with 72k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.65 near 100.23,and below the 52wk median, suggesting an expected daily move of $7.00. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTS:
- AST SpaceMobile announces launch timing for BlueBird 7 mission
- AST SpaceMobile fears ‘misplaced,’ says BofA
- EchoStar, AST SpaceMobile shares drop as Blue Origin announces TeraWave
- Deutsche ups AST SpaceMobile target on higher valuation multiple
- AST SpaceMobile price target raised to $137 from $81 at Deutsche Bank