AMC Entertainment Holdings Inc (AMC)

[slimhere]

101,when you sell Puts, you are selling the promise to buy shares at a set price.

This is very bullish for a stock. I sold puts that right now are in the money, meaning, the ones I sold have a higher price then current market price. If we close today lower than 55 to 60 dollars, I will be paying for those shares when they are delivered to me, plus the MMers have to come up with those shares.

Now, if somehow, we close above $60.01, all the puts that I sold will have expired worthless, and I get to keep someone else's money. I'd be happy, but I don't see that happening today.