Posts  / #POST-212262
REDDIT

Suggestions for an ASTS covered call

D
Oct 9, 2025 · 17:44

On 9/24 I decided to get cute and sell the 56 10/24/25 calls for ASTS. Since then, the stock has done nothing but go straight up. I have considered buying and selling new calls but to break even means going 8-12 months out. Do I just wait it out? See if there is a drop and try to get out cheaper? Cut my losses? Let the stock go? Go really far out of the money and recover half my premium spent? I have definitely learned my lesson not to sell calls for a price I don’t want to let the stock go at.