AST SpaceMobile (ASTS) has its business update/earnings after the close today so I wanted to chime in with a quick update.

Normally, I would not want to hold a stock into a binary event like this.

But I'm making an exception because ASTS is more about the overall story than the specific numbers.

If we get a positive outlook on launches and other progress in the business, we could get a nice move.

So I'm willing to hold it in. But it has come a long way off the lows so this is not a low-risk situation.

If you would rather use options so you can define risk, I'd take a look at ASTS May 30 $30 calls.

-Scott