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Option traders moderately bearish in AST SpaceMobile with shares down 6.04%

Option traders moderately bearish in AST SpaceMobile (ASTS), with shares down $4.75 near $73.92. Options volume roughly in line with average with 100k contracts traded and calls leading puts for a put/call ratio of 0.87, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 1.7 points near 107.42,and above the 52wk median, suggesting an expected daily move of $5.00. Put-call skew steepened, indicating increased demand for downside protection.

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