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0dteTraders

AMC Short Squeeze

Long
AMC Entertainment (NYSE:AMC)  
0dteTraders  
NYSE:AMC   AMC Entertainment
Trend Analysis Chart Patterns
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trendanalysis chartpattern
- 36% short float - possible short squeeze
- Short term speculative play, high probability of bankruptcy

- Entry at $2.81
- IV is high, sold Jun 18 '21 $7 Calls for a 0.60c premium
- ACB $2.21
- P/T $5/$7
- Stop below $2 support
- Low risk, high reward potential
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