Bullish option flow detected in AMC Entertainment with 75,740 calls trading, 2x expected, and implied vol increasing over 9 points to 197.37%. 2/3 weekly 6.5 calls and 2/3 weekly 7.5 calls are the most active options, with total volume in those strikes near 18,500 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 28th.
Published first on TheFly
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