Bullish option flow detected in AMC Entertainment with 50,288 calls trading, 2x expected, and implied vol increasing over 3 points to 131.30%. 11/11 weekly 6 calls and 11/11 weekly 5.5 calls are the most active options, with total volume in those strikes near 17,700 contracts. The Put/Call Ratio is 0.33. Earnings are expected on February 28th.
Published first on TheFly
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