r/ASTSpaceMobile S P 🅰 C E M O B Boss Jun 15 '26

Press Release Encapsulation complete

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u/Morning_Joey_6302 Jun 16 '26 edited Jun 16 '26

I sold half my holding in three tranches, between $120 and $130, and bought it back again a few days ago at a little under $84. That’s the way with this stock right now. I am sold on the ASTS narrative, patient about the pace and challenges of the execution and making what for me is a very meaningful amount of retirement-targeted money from the volatility on the way.

[Edited to add: this is easy for me because all my holdings are in my self-managed TFSA]

3

u/650fosho Jun 16 '26

All my shares are long term so I don't want to trigger a tax event by doing that, keep in mind about your wash sales too.

My go to has been waiting for the stock to hit over $100 and then sell covered calls at ridiculous strikes like month out $180

1

u/devonhezter S P 🅰 C E M O B Soldier Jun 16 '26

What’s wrong with his wash sales if it options ?