Whales with lots of money take a noticeably bearish stance AMC Entertainment.
View option history for AMC Entertainment AMC Detected 13 strange transactions.
Considering the details of each trade, we can accurately say that 7% of investors opened with bullish expectations and 92% with bearish expectations.
Of the total trades spotted, 10 were puts with a total value of $866,932 and 3 were calls with a total value of $89,641.
What is your target price?
Considering the volume and open interest of these contracts, whales appear to have set AMC Entertainment’s price range between $9.0 and $26.0 over the past three months.
Changes in turnover and open interest
In terms of liquidity and interest rates, AMC Entertainment’s current options trading average open interest is 1180.5 and total volume is 3,888.00.
In the chart below, you can follow the evolution of AMC Entertainment’s big money trade volume and open interest call and put options within the strike price range of $9.0 to $26.0 over the past 30 days.
Volume and Open Interest of AMC Entertainment Options over the last 30 days
Biggest option discovered:
| symbol | put/call | transaction type | emotions | EXP date | strike price | total transaction price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMC | put | sweep | bearish | 23/01/20 | $17.00 | $554.8K | 823 | 753 |
| AMC | put | sweep | bearish | 23/03/17 | $16.00 | $59.0K | 0 | 66 |
| AMC | put | sweep | bearish | 23/03/17 | $14.00 | $39.3K | 0 | 55 |
| AMC | put | sweep | bearish | 23/03/17 | $15.00 | $37.2K | 0 | 46 |
| AMC | put | sweep | bearish | 23/03/17 | $12.00 | $33.6K | 510 | 166 |
| symbol | put/call | transaction type | emotions | EXP date | strike price | total transaction price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMC | put | sweep | bearish | 23/01/20 | $17.00 | $554.8K | 823 | 753 |
| AMC | put | sweep | bearish | 23/03/17 | $16.00 | $59.0K | 0 | 66 |
| AMC | put | sweep | bearish | 23/03/17 | $14.00 | $39.3K | 0 | 55 |
| AMC | put | sweep | bearish | 23/03/17 | $15.00 | $37.2K | 0 | 46 |
| AMC | put | sweep | bearish | 23/03/17 | $12.00 | $33.6K | 510 | 166 |
Where is AMC Entertainment now standing?
- With a volume of 14,278,225, the AMC price fell -0.84% to $9.5.
- The RSI indicator suggests that the underlying asset may be close to being oversold.
- The next earnings will be announced within 74 days.
Expert opinion on AMC Entertainment:
- Wedbush has decided to keep AMC Entertainment’s Underperform rating. The current target price is $2.
Options are a riskier asset compared to trading stocks, but have higher profit potential. The Serious Option His traders manage this risk by educating themselves daily, scaling in and out their trades, following multiple indicators, and closely following the market.
If you want to stay up to date on the latest options trading from AMC Entertainment, Benzinga Pro offers real-time options trading alerts.
