ASTS Bull Call Spread — 2026-07-17
Trade Setup
Current Stock Price
$63.10
Entry Price
$45.00
Target Price
$67.50
Stop Loss
$22.50
Expiration
Jul 17, 2026
Suggested Contracts
1
Strike Details
Buy 88C / Sell 89C
Risk / Reward
Max Loss
$45.00
Analysis
ASTS (AST SpaceMobile, Inc. - Class A Common Stock) shows bullish unusual options activity: $1761K of buyer-initiated unusual call flow (100% call-dominant) detected across near-term expirations, with a peak vol/OI ratio of 0.6x on the 90 call. IV rank is 50 (moderate) — a bull call spread (88/89) trims theta/vega bleed versus a naked long. Buy the $88 / sell the $89 call bull call spread expiring 2026-07-17 (17 DTE) for a net debit of $0.45 ($45 per spread). Breakeven at $88.45; net delta 0.02.
Setup Instructions
Underlying: ASTS @ ~$84.45 | 2026-07-17 (17 DTE) | Net debit (entry): ~$45 per spread. Use limit orders at the mid or slightly worse.
Management Plan
MAX LOSS: Limited to the net debit ($45 per spread). Max gain is capped at the strike width minus the debit — a defined-risk, defined-reward trade. | IV RISK: IV rank is 50 — reasonable for a debit spread. | TIMING: 17 DTE — unusual flow is a near-term signal; act promptly or the setup may stale. Close or take profit before expiration week to avoid gamma risk. | SECTOR: ASTS is in Other — avoid concentration with other open Other positions. | EXECUTION: Use limit orders at mid or slightly worse on the spread (don't leg in). Verify the bid-ask before sending; do not chase with market orders. | EVENTS: Check for upcoming earnings, FDA decisions, or macro prints within the trade window that could cause outsized gap risk.