Option traders moderately bearish in AST SpaceMobile with shares down 11.06%

Option traders moderately bearish in AST SpaceMobile (ASTS), with shares down $8.88 near $71.38. Options volume roughly in line with average with 105k contracts traded and puts leading calls for a put/call ratio of 1.39, compared to a typical level near 0.59. Implied volatility (IV30) is higher by 0.4 points near 115.18,in the top quartile of the past year, suggesting an expected daily move of $5.18. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: AST SpaceMobile (ASTS) will report earnings after the close on 2025-11-10.Option markets are pricing in a 50% probability of a move greater than 17.01% or $12.14.