“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
ASTS is viewed as neutral-to-cautious; strategy involves selling puts for premium income rather than holding long positions, as the stock needs to prove itself despite having some upside room.
So, that had a day one as a look at this little baby day one. This is a baby day one. You know, if you get out of it at 105 or get out of it at 82, look at a little baby day one.
I've been telling you, I've been selling puts in AS for two weeks collecting premium. I did it again. You know, it'd be nice if you could also be long and get some appreciation.
You would think, right? Cutting more than half. Little Day One has some room, but this is not special. It has to prove itself.