AMC Entertainment Holdings Inc (AMC)

[Nebuchadnezzar]

getting a lot of questions about the options. everyone needs to remember, upt to just a few trading sessions ago, $40 strikes were the peak for June 18th, then $73.00 strikes became active for last friday. then last week, $145 strikes began showing up. One must ask, why are there $145 strikes, and not just why $145, but why are the premiums hitting $1.00, $2.00 $5.00?

remember back in April and early May when we started looking at the June 18th $40 strikes and how much activity they were getting? well, those $40 call options are now $15 IN THE MONEY as of today's close.

will the $60s and $70s be in the money this Wednesday, Thursday or Friday? just keep an eye not only on the volumes, but the premiums being paid for them.

If there are naked shorts and other shorts that have yet to be covered, well, we are going to see how that plays out by this friday and certainly by next Friday as June 18th is Quarterly Options expiration, but its also two weeks before 4th of july weekend.


as for the market makers buying the options, someone has to pay for the shares and someone has to pay for those premiums one way or another. there was a frenzy in the options market last Wednesday for AMC, will we see the same tomorrow or Thursday????

MAX PAIN comes to shorts the higher we close on FRIDAYS