Globalstar (GSAT) Surges 21% on Intraday Rally: What’s Fueling the Momentum?

Summary
• Globalstar (GSAT) surges 21.15% intraday, trading at $37.84 as of 19:17 ET
• Company announces $17B SpaceX-EchoStar spectrum deal spurs sector-wide revaluation
• 52-week high of $41.10 within reach as volume spikes to 3.16M shares

Globalstar’s stock is experiencing a historic intraday surge, driven by a confluence of strategic infrastructure expansion and sector-wide momentum from the SpaceX-EchoStar spectrum acquisition. With the stock trading near its 52-week high and technical indicators flashing bullish signals, investors are scrambling to position for the next phase of growth in satellite communications.

Global Infrastructure Expansion Drives Globalstar's Intraday Surge
Globalstar’s 21.15% intraday jump is directly tied to its announcement of a major infrastructure expansion at its Greek ground station, doubling the facility’s capacity to support its C-3 satellite network. This project, part of a global rollout of 90 new tracking antennas across 35 gateways, signals a strategic pivot toward next-generation satellite services. Simultaneously, the $17 billion SpaceX-EchoStar spectrum deal has created a revaluation ripple effect, with investors extrapolating similar value potential for Globalstar’s own spectrum holdings. The dual catalysts—tangible infrastructure progress and sector-wide asset revaluation—have ignited aggressive buying pressure.

Satellite & Wireless Sector Mixed as Globalstar Outpaces Peers
While Globalstar’s stock soars, the broader Satellite & Wireless Communications sector remains fragmented. Sector leader Vitesse Energy (VTS) trades flat with a 0.49% intraday gain, highlighting Globalstar’s outsized performance. The SpaceX-EchoStar deal has created a spectrum valuation benchmark, but most peers lack Globalstar’s dual catalysts of infrastructure expansion and direct spectrum relevance. This divergence underscores Globalstar’s unique positioning as both a beneficiary of sector trends and a standalone growth story.

Options Playbook: Capitalizing on Globalstar’s Volatility with Strategic Contracts
• RSI: 77.23 (overbought)
• MACD: 1.34 (bullish divergence from signal line 0.94)
• Bollinger Bands: Upper $31.63 (current price $37.84 above band)
• 30D Moving Average: $26.77 (price at $37.84 above MA)

Globalstar’s technicals scream short-term momentum, with RSI in overbought territory and MACD widening. The stock is trading above all key moving averages and Bollinger Bands, suggesting a continuation of the rally. Key support at $32.56 (intraday low) and resistance at $37.90 (intraday high) define the immediate range. Aggressive bulls should target the 52-week high of $41.10, while cautious investors may hedge with options.

Top Options Contracts:
• GSAT20250919C37 (Call, $37 strike, 9/19 expiry):
- IV: 63.89% (moderate)
- Delta: 0.617 (moderate sensitivity)
- Theta: -0.142 (high time decay)
- Gamma: 0.087 (high sensitivity to price moves)
- Turnover: $108,920 (liquid)
- LVR: 16.52% (moderate leverage)
- Payoff at 5% upside ($39.73): $2.73/share
- This contract balances leverage and liquidity, ideal for a continuation of the rally.

• GSAT20250919C36 (Call, $36 strike, 9/19 expiry):
- IV: 62.35% (moderate)
- Delta: 0.707 (higher sensitivity)
- Theta: -0.143 (high time decay)
- Gamma: 0.080 (high sensitivity to price moves)
- Turnover: $39,044 (liquid)
- LVR: 13.19% (moderate leverage)
- Payoff at 5% upside ($39.73): $3.73/share
- Offers higher delta for a more aggressive play, with strong gamma to benefit from volatility.

Action: Buy GSAT20250919C37 for a balanced bet on continued momentum. If the stock holds above $37.90, consider rolling into GSAT20251017C38 for extended exposure.

Backtest Globalstar Stock Performance
Below is the statistical review of Globalstar (GSAT.O) after each ≥21 % intraday surge since 2022. A visual, drill-down event-study dashboard is attached for your interactive exploration.Key take-aways (not duplicated in the dashboard):• Only four qualifying surges were found in the entire 2022–2025 sample, limiting statistical power. • Average next-day excess return was modest (+0.38 %), with no clear edge versus the benchmark. • The best mean relative performance appeared around trading day 22 (+11.55 %), though results are not statistically significant at conventional levels. • Drawdowns occurred quickly when momentum failed (e.g., −5.35 % by day 11). Interpretation: a ≥21 % intraday spike in GSAT has not, historically, delivered a consistent follow-through trend. Any trading strategy relying on this signal alone should incorporate additional filters (volume confirmation, catalyst check, or risk controls) and be wary of the small event count.Feel free to explore the interactive panel above for exact event dates, cumulative-return curves and win-rate tables.

Act Now: Globalstar’s Momentum Presents High-Reward Opportunities
Globalstar’s 21% intraday surge is a rare confluence of strategic execution and sector-wide revaluation. With technicals aligned for a continuation and options offering leveraged access, the next 48 hours will test key resistance at $37.90 and the 52-week high. Investors should monitor the $32.56 support level and sector leader Vitesse Energy (VTS, +0.49%) for broader market signals. For those seeking aggressive exposure, the GSAT20250919C37 call option offers a compelling risk-reward profile. Watch for a breakout above $37.90 to confirm the next leg higher.