Moderately bullish activity in AST SpaceMobile (ASTS), with shares up $8.45, or 9.33%, near $99.01. Options volume running well above average with 48k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 1.5 points near 102.77,and above the 52wk median, suggesting an expected daily move of $6.41. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Underperform at Scotiabank.
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