ASTS wheel: cash-secured put & covered-call yields
AST SpaceMobile, Inc. Class A Common Stock · Communication services · $34.50 close on Nov 12, 2026
What the Nov 12, 2026 close says about ASTS
At 103.2% implied volatility, the options market is pricing a one-standard-deviation move of about $11.19 (32.4%) in ASTS by Dec 18, 2026, 36 days out.
Selling the $30 put (−0.27Δ) for $2.06 means assignment would leave a cost basis of $27.94, 19.0% below the $34.50 close.
The 64-day 0.30Δ put pays 1.5× the premium of the 36-day one for 1.8× the time — more premium per day on the 36-day contract ($0.057 vs $0.047).
Open interest in the stored window totals 83,709 contracts; the largest single line is the $50 call expiring Jan 15 with 13,565 (16.2% of the window).
By options volume ASTS ranks #106 of 679 names in our universe.
Near-the-money options volume (878) is 133% above its 5-session average.
The builder re-quotes every leg from the live chain when it opens; tracking is free to start.
Cash-secured puts on ASTS
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $30 | −0.27 | $2.06 Nov 12 | $206.00 | $3,000 | 6.87% | 69.6% | $27.94 | 3,282 | 724 |
| 0.20Δ | Unavailable1 | |||||||||
Snapshot #9310 · session 2026-11-12 · captured 22:01 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 36
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $30 | −0.28 | $3.00 Nov 12 | $300.00 | $3,000 | 10.00% | 57.0% | $27.00 | 5,254 | 9 |
| 0.20Δ | $27 | −0.20 | $1.95 Nov 12 | $195.00 | $2,700 | 7.22% | 41.2% | $25.05 | 3,819 | 72 |
Snapshot #9310 · session 2026-11-12 · captured 22:01 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 64
Covered calls on ASTS
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | Unavailable2 | |||||||||
| 0.20Δ | $45 | 0.24 | $1.29 Nov 12 | $129.00 | 3.74% | 37.9% | 34.17% | 346.5% | 1,519 | 238 |
Snapshot #9310 · session 2026-11-12 · captured 22:01 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 36
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $47 | 0.29 | $2.15 Nov 12 | $215.00 | 6.23% | 35.5% | 42.46% | 242.2% | 945 | 158 |
| 0.20Δ | $50 | 0.24 | $1.64 Nov 12 | $164.00 | 4.75% | 27.1% | 49.68% | 283.3% | 13,565 | 756 |
Snapshot #9310 · session 2026-11-12 · captured 22:01 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 64
ASTS volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 103.2%session 2026-11-12
- IV rank / IV percentile
- Unavailable3
- Next earnings
- Unavailable4
- Next ex-dividend
- None announcedchecked Nov 9, 2026
- Open interest, stored window
- 83,709 contractssession 2026-11-12
- Largest open-interest line
- $50 call · Jan 15 · 13,565
- Bid/ask spread
- Unavailable5
- Options liquidity rank
- #106 of 679 optionable names by options volume
How these numbers are made
One end-of-day snapshot per session from a 15-minute-delayed feed. A premium is a contract’s last trade, used only if it printed that session, sits above intrinsic value and is in order with its neighbours; deltas are the feed’s own. Expiries are the first at least 30 and 60 days out, and nothing under 30 days is annualized. Not investment advice. Full methodology.
- No contract near 0.20Δ traded this session
- No contract near 0.30Δ traded this session
- We are building our own daily implied-volatility history (34 of 252 sessions so far); IV rank and percentile need a full year of it.
- Our data provider does not license announced earnings dates, and we do not publish estimates.
- Our data feed carries last trades, not live bid/ask quotes, so we cannot show a spread.