AMC Entertainment
Long
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$AMC Bullish Option Flow

AMC saw bullish Call buying and Put writing today, currently trading +2.7% afterhours . I followed with the 5/20 $13 calls. Bullish confluence in RSI indicator

First line of resistance $14.8/$15 zone will take profits there, with a break to upside implying a further move to $17 zone 10 day MA (blue line)

Lot of supply overhead, move will happen fast where I would suspect a typical dump.

Use a stop loss : )

Cheers

Trade chiuso: obiettivo raggiunto
Took profits over +140%

Declinazione di responsabilità