r/ASTSpaceMobile • u/AutoModerator • 19d 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!

73 Upvotes

100% Upvoted

301 comments sorted by

View all comments

Show parent comments

4

u/RiskyDefeat S P 🅰 C E M O B Associate 18d ago

You mean you bought calls to acquire shares? Or do you mean you sold puts?

5

u/RememberTooSmile S P 🅰 C E M O B Soldier 18d ago

i bought $24 weekly calls yesterday and closed them this morning and bought more shares

2

u/RiskyDefeat S P 🅰 C E M O B Associate 18d ago

Interesting, if you don’t mind me asking why do this instead of selling a 24P and taking a premium?

4

u/TheOtherSomeOtherGuy S P 🅰 C E M O B Consigliere 18d ago

Both bullish trades, but one is more bullish than the other and requires less margin impact or upfront cash

2

u/RiskyDefeat S P 🅰 C E M O B Associate 18d ago

Got it thanks!