Investors with a lot of money to spend have taken a bullish stance on AST SpaceMobile ASTS.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ASTS, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for AST SpaceMobile.
This isn't normal.
The overall sentiment of these big-money traders is split between 60% bullish and 30%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $25,808, and 9, calls, for a total amount of $477,336.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $55.0 for AST SpaceMobile during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for AST SpaceMobile options trades today is 4140.33 with a total volume of 1,650.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for AST SpaceMobile's big money trades within a strike price range of $15.0 to $55.0 over the last 30 days.
AST SpaceMobile Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASTS | CALL | SWEEP | BULLISH | 05/16/25 | $4.1 | $4.0 | $4.1 | $30.00 | $125.9K | 2.3K | 46 |
| ASTS | CALL | TRADE | BEARISH | 05/16/25 | $5.8 | $5.7 | $5.7 | $25.00 | $57.0K | 1.1K | 142 |
| ASTS | CALL | TRADE | BULLISH | 02/21/25 | $3.0 | $2.9 | $2.99 | $25.00 | $56.5K | 4.1K | 457 |
| ASTS | CALL | TRADE | BEARISH | 05/16/25 | $5.6 | $5.5 | $5.5 | $25.00 | $55.0K | 1.1K | 377 |
| ASTS | CALL | SWEEP | BEARISH | 01/17/25 | $9.3 | $9.2 | $9.2 | $15.00 | $46.0K | 7.1K | 1 |
About AST SpaceMobile
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Following our analysis of the options activities associated with AST SpaceMobile, we pivot to a closer look at the company's own performance.
Where Is AST SpaceMobile Standing Right Now?
- With a trading volume of 2,361,772, the price of ASTS is up by 1.96%, reaching $23.95.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 95 days from now.
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Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for AST SpaceMobile with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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