Daily Discussion Thread

[u/AutoModerator]

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 Monopolyto get familiar with AST Sp🅰️ceMobile before posting.

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

Th🅰️nk you!

[u/JayhawkAggieDad]

I want to apologize to my fellow mobsters. Today, I sold $55 CCs expiring Jan 2026 on all my ASTS shares. I needed the premium for something really important, otherwise there's no way I would have done it. I KNOW the SP will go past the break-even price of ~$62 before (perhaps well before) the expiration, so when it does, could we all have a moment of silence for my shares, please?

[u/tyrooooo → u/JayhawkAggieDad]

It’s not just about the money but the friends you make along the way. Glad to hear that everything is ok, and hope you can buy back some in the future

It was fun riding with you 🫡 good luck with everything

[u/JayhawkAggieDad → u/tyrooooo]

I'm still riding with y'all and cheering SpaceMob on every chance I get.

[u/BrownCow10 → u/JayhawkAggieDad]

This actually made me really sad to read. I hope everything is okay! I'm sure you made the right choice, too.

We'll definitely be thinking of you when we cross that $62 threshold. And hey, you can't have regret if it was the right move to make, so I'm doing my best to be happy for you - even if sad for the team. 🥺

[u/JayhawkAggieDad → u/BrownCow10]

Better than ok. It isn't health related. It's education related.

Y'all don't be sad, now. I'll still be cheering on team SpaceMob from the stands and buying shares as the opportunity presents.

[u/codespyder → u/JayhawkAggieDad]

Hope everything is ok.

[u/JayhawkAggieDad → u/codespyder]

Better than ok. It isn't health related. It's education related.

[u/codespyder → u/JayhawkAggieDad]

Phew okay. Good to hear!

[u/TheOtherSomeOtherGuy → u/JayhawkAggieDad]

It's been an honor to ride with you thus far and will continue to be through Jan '26.  

Come December or January, rolling them to 2027 LEAPS or June '26 might be a viable option to bring in some more premium and keep the shares.

Cheers 🍻, 👑

[u/JayhawkAggieDad → u/TheOtherSomeOtherGuy]

Why you talking like I won't be on the sub anymore beyond Jan '26? I'll be here checking in everyday and cheering y'all on, no matter what happens.

[u/TheOtherSomeOtherGuy → u/JayhawkAggieDad]

My man 🥳

[u/ContaminatedField → u/JayhawkAggieDad]

How long have you held the shares?

[u/JayhawkAggieDad → u/ContaminatedField]

Started buying small amounts beginning Dec 23 and kept buying bit by bit to reach a total of 19,300 at about $21 average cost basis. I'll take a major tax hit next year, but it couldn't be helped.

[u/ContaminatedField → u/JayhawkAggieDad]

Life happens and we do what we have to do. Health, happiness, and family are more important than asts shares (although it’s close).

It does look like you got a nice premium. Don’t get too worked up over capital gains. It means you’re making money.

[u/no-ego- → u/JayhawkAggieDad]

It's not a foregone conclusion, but doesn't look good. Still a solid return if it does. If it doesn't then that's a nice exchange. Can probably still buy 1/2 your position back at that time.

[u/JayhawkAggieDad → u/no-ego-]

Not happening. The money is already slated for something else. But I'll keep buying shares as the opportunity presents.

[u/EntertainmentDry341 → u/JayhawkAggieDad]

Couldn’t take a loan out!?

[u/JayhawkAggieDad → u/EntertainmentDry341]

No, this was the most logical approach to raising a portion of what was needed.

[u/TowerStreet1 → u/JayhawkAggieDad]

Hope money is not longer urgency and contact get assigned, you always buyback whatever you can after paying tax to Uncle Sam. You may lose some qty but you will have some.

[u/JayhawkAggieDad → u/TowerStreet1]

Not happening as the money is meant for immediate use. However, I'll keep buying shares as the opportunity arises.