TylerHarrison
2021-11-25

$AMC Entertainment(AMC)$

Meme stock high voltality , with more than 5% movement everyday whats not to like about the stock?

Idea: Sell Put at support line 24-26. I think the trade off is quite good as prices have to move 30% down for it to be exercised.

Selling a 22/10 expiry put now will nett you 40 dollars for every single lot.

A 2600USD implied position that netts out 40 USD.

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