$ASTS is up 5.46% today, priced at 66.64. The market is assigning a geopolitical risk premium to satellite communication stocks.
Satellite companies provide the infrastructure for military reconnaissance and emergency communications. When the situation in the Middle East and Eastern Europe tightens, capital flows here. The open interest of the 39,000-lot contracts has not changed significantly, the funding rate is zero, and the long and short sides are temporarily balanced. This rally is not being driven by longs aggressively piling in.
The counterargument: If conflict expectations cool down, this kind of panic premium would unwind the fastest, and the stock price would give back gains. In the second-order view, funds would move from “safe-haven” targets back into more purely growth-oriented tech stocks.
Trading tag: #TradFi #链上美股 #ASTS
Where do you think this thesis is most likely to be wrong?
Satellite companies provide the infrastructure for military reconnaissance and emergency communications. When the situation in the Middle East and Eastern Europe tightens, capital flows here. The open interest of the 39,000-lot contracts has not changed significantly, the funding rate is zero, and the long and short sides are temporarily balanced. This rally is not being driven by longs aggressively piling in.
The counterargument: If conflict expectations cool down, this kind of panic premium would unwind the fastest, and the stock price would give back gains. In the second-order view, funds would move from “safe-haven” targets back into more purely growth-oriented tech stocks.
Trading tag: #TradFi #链上美股 #ASTS
Where do you think this thesis is most likely to be wrong?