AMC Entertainment Holdings Options Ahead of Earnings

5 Kas 2023

If you haven`t bought AMC before the Gamma Squeeze:

or sold before the approved combining AMC shares & APE units:

Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of 2023-11-10,
for a premium of approximately $1.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I`m still bearish for the long run. Might end up in bankruptcy after all.

Looking forward to read your opinion about it.