TopgOptions

ASTS AST SpaceMobile Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:ASTS   AST SpaceMobile, Inc.
Analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2023-11-24,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade closed: target reached:
ASTS reached $4.94 after the Earnings Release and the calls were up almost 2X at that point, considering the price of the stock. I haven`t monitored the chain at its peak.

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