$AST SpaceMobile (ASTS.US)$ the October 18th 23 and a half p...
$AST SpaceMobile (ASTS.US)$ the October 18th 23 and a half puts they've just gone from 50 cents to 65 cents just from this nominal drop where it peak today to the reversal which is about 50 cents. we could see the market roll on this company and short Sellers and profit takers come in those put options will go up about 150% with a $1 drop. so if you want to hedge your long position because you think there's a brighter future a month down the road two months down the road but you want a profit from the gyrations in between you should take a look at the 23 and a half puts for October 18th.
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73910683 : Is this advice aimed at me or at you?
10baggerbamm OP 73910683 : it's not aimed at anybody. I merely saying that if there's a failure of a breakout it's going to roll over if it rolls over rather than write it back down you might as well head your position with the put and profit from the put appreciating as the stock trades lower