Author sees ASTS as a near-term put target before the next launch due to a flawed Scotiabank analysis, while recommending 30-60 DTE near-ITM calls because future analyst ratings should improve prices.
Unpriced research observations (excluded from Calls and Returns):
ASTS — SHORT The author argues AST SpaceMobile (ASTS) will see near-term price declines due to what he calls a flawed Scotiabank analysis, making near-term put options attractive before the next satellite launch. The put expresses a directional bearish view on the underlying ASTS stock, not an option-volatility or premium-income trade. ambiguous_option_contract
Good target for near term PUTs prior to their next satellite launch.
ASTS — LONG The author argues Scotiabank's analysis is flawed because ASTS is a pre-revenue startup whose valuation should be based on future earnings; he expects future analyst rating improvements to lift the stock. He recommends buying near-ITM calls with 30-60 days to expiration, citing Bank of America's $85 target and upcoming December/January BB1/BB2 satellite launches as catalysts. The call expresses a directional bullish view on the underlying ASTS stock, not an option-volatility or premium-income trade. ambiguous_option_contract
Good target for 30 to 60 DTE Calls close to ITM due to future analyst ratings to improve their price.