TopgOptions

AMC Entertainment Holdings Options Ahead of Earnings

Long
BATS:AMC   AMC Entertainment
If you haven`t bought AMC before the Gamma Squeeze:
or sold before the approved combining AMC shares & APE units:

Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of 2023-11-10,
for a premium of approximately $1.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I`m still bearish for the long run. Might end up in bankruptcy after all.

Looking forward to read your opinion about it.





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