A concept image of space_ Image by Canities via Shutterstock_Investors are bailing on AST SpaceMobile (ASTS) shares ahead of the satellite connectivity firm's Q2 earnings scheduled to be released later today after market close. The quarterly print is significant for AST SpaceMobile stock, as it's currently down more than 45% versus its year-to-date high in late May. Where Options Data Suggests ASTS Shares Are HeadedOn the flip side, options traders haven't thrown in the towel on AST SpaceMobile shares. Moreover, AST SpaceMobile continues to face heavy capital burn and the threat of shareholder dilution to fund its satellite deployment schedule. How Wall Street Recommends Playing AST SpaceMobileFor long-term investors, however, Wall Street firms continue to recommend at least some exposure to Nasdaq-listed AST SpaceMobile.