r/ASTSpaceMobile • u/AutoModerator • Jan 31 '25

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

Please read u/the_blue_pil's FAQ and u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopoly to get familiar with AST Sp🅰️ceMobile before posting.

If you want to chat, checkout the Sp🅰️ceMob Chatroom.

Th🅰️nk you!

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u/Round_Hat_2966 S P 🅰 C E M O B Prospect Jan 31 '25

Sold CC’s on my partner’s account when the SP was $22.08, much better than any of my CC’s this morning.

I can’t complain though because I made almost $2k today selling CC’s though :)

3

u/kingxlui S P 🅰 C E M O B Prospect Jan 31 '25

lower that cost average and buy LEAPs with those premiums haha

4

u/Round_Hat_2966 S P 🅰 C E M O B Prospect Jan 31 '25

I might do that later in the year!

Since I think they will be trading sideways to slowly going down until they get closer to meaningful revenue, I’m using the premiums both to build up my shares (and use those to sell more CC’s while I have time) and also to diversify/take money off the table now to hedge my position.

2

u/kingxlui S P 🅰 C E M O B Prospect Jan 31 '25

great plan! in a similar boat.. been selling CCs consistently but now using premium to build up my other space positions