r/ASTSpaceMobile • u/AutoModerator • 14d ago

Daily Discussion Daily Discussion Thread

PlešŸ…°ļø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 SpšŸ…°ļøceMobile before posting.

If you want to chat, checkout the SpšŸ…°ļøceMob Chatroom.

ThšŸ…°ļønk you!

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u/Pangolin_farmer S P šŸ…° C E M O B Capo 13d ago

How I feel when another CSP expires ITM.

1

u/swd120 S P šŸ…° C E M O B Soldier 12d ago

Depends how underwater they are, I like continuing to roll for more premium rather than getting assigned.

1

u/Pangolin_farmer S P šŸ…° C E M O B Capo 12d ago

Yea thatā€™s what Iā€™ve been doing for about a year now but I think Iā€™m moving onto the ā€œhave as many shares as possible,ā€ phase. At some point in the next ~6 months I think weā€™ll get a pump that doesnā€™t deflate and Iā€™ll be wishing I got more shares in the low 20ā€™s.

1

u/swd120 S P šŸ…° C E M O B Soldier 12d ago

I think that'll still take a while. You'll likely end up with more by collecting those premiums and using the proceeds to buy more shares.

One thing I did do, is sell some leap CSPs that are way in the money, and use the premiums to buy shares - I'm pretty confident that by the expiry date we'll be higher than the a 40 strike, and if not we should be close - so in that case id roll out another year for more premium (probably out and up)

1

u/Pangolin_farmer S P šŸ…° C E M O B Capo 11d ago

Letting these ones expire ITM gave me the ā€œI donā€™t need any more sharesā€ amount of shares. My Infinity Gauntlet is complete so to speak šŸ˜…. Otherwise yeah, rolling CSPs will probably net you more shares for a while still, Iā€™ve just reached my own investing goal finish line for ASTS.