$AMC Earnings Play 11/08

Nov 5, 2021

AMC EARNINGS PLAY

For the exp date 11/12 the breakdown is the following.

10K Premium - They taking 70 calls and 40 calls
20K Premium - They taking 48 Calls and 42 Calls
30K Premium - They taking 40 Calls and 42 Calls
50K Premium - They taking 42 Calls and 47 Calls

I want to clarify the volume is more Bullish than Bearish but still we depend on what they say on the ER Call, IMO should be a good call and if we check previous earnings price always spike!. Let the price touch bottom today and they the most taken calls for the whales and the one you can AFFORD TO LOOSE!. Remember we are doing a lotto!. I am attaching here the chart as well so you can know the Risk/Reward!.