Bullish option flow detected in AMC Entertainment with 68,402 calls trading, 1.5x expected, and implied vol increasing almost 17 points to 174.60%. 2/3 weekly 5.5 calls and 2/3 weekly 6 calls are the most active options, with total volume in those strikes near 23,800 contracts. The Put/Call Ratio is 0.62. Earnings are expected on February 28th.
Published first on TheFly
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