u/Ok_Ranger1275

The author is strongly bullish on ASTS and wants to accumulate more shares at a lower price by selling April 10 $70-strike cash-secured puts with ~31 days to expiry, collecting about $2,880 in premium on $80k of capital. The mechanism is that if assigned at $70 he is happy to own the shares and would then sell covered calls against them for ongoing income. The main stated risk is assignment, which he considers acceptable given his bullish view. Reported returns track the underlying asset, not option P&L.

Almonty Industries is uniquely positioned to benefit from U.S. defense mandates banning Chinese tungsten by 2027, as it is already operating at scale with high-grade mines in South Korea and Portugal. The company's low production costs and long-term offtake agreements provide significant margin protection and upside potential. Key risks include mining execution challenges, potential future share dilution, and volatility in global tungsten prices.