Replies to post #56973 on AMC Entertainment Holdings Inc (AMC)

[ajamku]

I feel like something's going to happen here in the next day or so I'm just hoping it's northward bound

[bosman]

I'm thinking they will move it up to make it look liked it squeezed. what is your take on this?

[bosman]

Try to get Apes to sell.

[E-E]

Looking at the TA for this week, I am seeing we pop to $60 this friday, so MM can book those calls at those level

July 2nd Expiry:

Calls (Open interest is per yesterday) Note, today's volume is massive and not counted yet as we close then tomorrow we know better....

$57 - Open Interest x price = $312,132
$58 - Open Interest x price = $527,916
$59 - Open Interest x price = $403,383
$60 - Open Interest x price = $1,512,480



Now let's say they ramp up the machine and on Friday we are at $60 and close at $56. There is more money to grab for the MM at the higher price range. How stupid for them to close Friday at $40. If, and when, they get there.