Investors in AST SpaceMobile Inc (NASDAQ: ASTS) can now trade new options expiring in February 2026. A notable put contract at the $82.00 strike price has a current bid of $10.45, allowing investors to purchase shares at an effective cost basis of $71.55 if the option is exercised. This price represents a 1% discount from the current share price of $82.45, with a 59% chance of the put contract expiring worthless, offering a potential return of 12.74% on the cash commitment.
Conversely, a call contract at the $84.00 strike price, with a bid of $10.30, presents investors the opportunity to sell shares at that price. Buying shares at $82.45 and selling this covered call could generate a 14.37% return if exercised. However, the option has a 44% chance of expiring worthless, allowing investors to retain shares and the premium collected, which could lead to a 12.49% yield boost.
Implied volatility for the put is 112% and for the call is 107%, while the actual trailing twelve-month volatility stands at 97%.
