Bearish flow noted in AST SpaceMobile with 1,030 puts trading, or 2x expected. Most active are Aug-23 7.5 puts and Jul-23 5 puts, with total volume in those strikes near 760 contracts. The Put/Call Ratio is 1.61, while ATM IV is up over 3 points on the day. Earnings are expected on August 14th.
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