0dteTraders

AMC Short Squeeze

做多
NYSE:AMC   AMC Entertainment
- 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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