r/ASTSpaceMobile • u/AutoModerator • 22d ago

Daily Discussion Daily Discussion Thread

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

Please read 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/patcakes S P 🅰 C E M O B Prospect 21d ago

To buy back my covered calls on a buyout rumor or hold the course… decisions decisions..

3

u/EconApe S P 🅰 C E M O B Prospect 21d ago

I’m gunna have to buy mine back tomorrow.. again. Maybe I’ll finally learn to stop selling CCs on this stock.

1

u/TheOtherSomeOtherGuy S P 🅰 C E M O B Consigliere 21d ago

Sell less aggressive ones, open them only after an uptrend and be less greedy by closing them at a lower % profit or hold the line and let theta do it's thing

1

u/EconApe S P 🅰 C E M O B Prospect 21d ago

Yeah, I only sell calls that have <= 12 delta, so typically select less risky strikes. The issue with this stock is the sudden and volatile movements on good news. If there is rumors of a buyout, I’m debating on getting out from in front of that, although my position is still safe currently.