AST SpaceMobile (ASTS) stock surged after securing a deal with Verizon for space-based cellular broadband by 2026, up 290% year-to-date. The partnership enhances AST’s position in the sector, aiming to eliminate coverage gaps in the U.S. The volatile options market suggests caution due to financial concerns and potential downside risks. Investors should approach with care given the high price targets and potential for a 40% drop from current levels.

Read more at Yahoo Finance: AST SpaceMobile Is Popping on a Verizon Deal. Options Data Tells Us ASTS Stock Could Be Headed Here Next.