Moderately bullish activity in AST SpaceMobile (ASTS), with shares up $8.08, or 8.49%, near $103.30. Options volume roughly in line with average with 117k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.53. Implied volatility (IV30) dropped 0.54 near 101.36,and above the 52wk median, suggesting an expected daily move of $6.60. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at B. Riley.
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Read More on ASTS:
- Mixed options sentiment in AST SpaceMobile with shares down 6.35%
- AST SpaceMobile downgraded to Neutral from Buy at B. Riley
- Moderately bullish activity in AST SpaceMobile with shares up 9.33%
- AST SpaceMobile price target raised to $100 from $85 at BofA
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