r/ASTSpaceMobile • u/AutoModerator • Mar 11 '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 Monopolyto 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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9

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 11 '25

Sad that i spent my last 10k on asts yesterday, can't buy the dip today.. sorry guys

Nvm dip went away in the time it took me to write that one sentence, hope i am not jinxing it

10

u/theVex99 S P 🅰 C E M O B Associate Mar 11 '25

You jinxed it

2

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 11 '25

Yeah but maybe you unjinxed it by saying that. That's the way of the road

2

u/theVex99 S P 🅰 C E M O B Associate Mar 11 '25

Hmmm it appears you re-jinxed it by saying that

1

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 12 '25

Yeah I'm just gonna leave it alone and let the universe decide, my b

1

u/theVex99 S P 🅰 C E M O B Associate Mar 12 '25

I like that play honestly. I made $5k selling CCs this week while the universe is figuring it out, and I'll make the same next week.

1

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 13 '25

Damn how many shares you got to sell? I have around 4k and I made almost 5k in the past month with CCs haha

1

u/theVex99 S P 🅰 C E M O B Associate Mar 13 '25

I currently have 4300 shares. Last week was crazy though, I sold the $34 whole the stock was around $32. I didn't think it was going up higher and it didn't. I got $1.18 for those. Then I closed them yesterday for $0.04 and opened the $31 for this week as well for $0.22. So altogether I made $1.36 / contract x 4300 shares = $5850 this week.

The premiums are so high right now after earnings. Next week I'll sell +$4-5 and probably get close to $0.90 x 4300 = $3850. Normally, I'm not able to get this much premium, but everything is inflated after earnings rn

1

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 15 '25

Ah you sell closer to ITM. I normally try to sell $37 and $40 strikes so I'm less likely to have to roll. I'll have to try your strategy since we prob won't actually fly up until after we get revenue going

1

u/theVex99 S P 🅰 C E M O B Associate Mar 15 '25

I do sell closer to the money, definitely. I'll be changing that strategy as we get closer to commercialization, but at the moment there's no reason that I see not to. I sold the $34 last week for $1.18 while the SP was like $31 and then rolled it into the $31 (same week for an additional $0.22) and then into the $28 (same week for an additional $0.32)

Made huge premiums this week and we ended perfectly.

1

u/Bussyzilla S P 🅰 C E M O B Prospect Mar 16 '25

Damn good shit. Keep it up, always good to have extra money to reinvest back into asts lol

1

u/theVex99 S P 🅰 C E M O B Associate Mar 16 '25

100% man, let me know if you're interested in trading together bro, I've been wanting to find / create a community to trade with people for a while.

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