Anybody get in on the AMC short squeeze?

[Robert Mugabe]

I bought options last night and sold this morning.

CALL AMC 06/11/21 32 AMC ENTERTAINMENT HOLDINGS INC Price9.45


CALL AMC 06/11/21 32 AMC ENTERTAINMENT HOLDINGS INC Price35.50

Options aren't that cheap today.
Own a few shares with a stop loss in place. Seems to be faltering. If it makes it to $100.00 I'm out.

 

[Butler1000]

Redditors have fun with Wall st again. Good for them.

 

[RPF]

Is there actually going to be a squeeze? I haven't seen much DD for it compared to what we saw with GME

 

[Robert Mugabe]

Options are sort of expensive on this one. Shorting it for July 23. Betting on it going below $30.00.

 

[Robert Mugabe]

What a wild ride.

“
Traders are paying $2+ for $AMC $145 calls that are nearly 200% out of the money expiring in 4 days

https://twitter.com/i/web/status/1401940180500586498

Oh, yea. I see. ....God speed! lol
As Steve Martin said. "Ten dollars? I think I'll just throw it out in the street. "

 

[Jubee]

I don't see it happening.

They learned their lesson with gamestop.
The market will crash or be "hacked" just a matter of time.

 

[Robert Mugabe]

I am buying calls way out of the money and cashing out. I'm out there and loving every minute of it.

 

[Robert Mugabe]

Hahaaa that’s funny

Do you think it’s winding up the spring with the recent sideways action. I seen and felt this before at around $14 range.

$64 has been a major resistance and $52 a major supper recently.

I am thinking $64 is a key point. If it breaks $52 as long as it holds $40s I think would be okay but you never know.

But what I know about stocks and market anyways ... just buy stocks based on feel and just invest in memes and jokes

Good thing I made some dumb money to make my ape brain feel happy for a bit

I am bleeding red on my put for AMC. Bastard won't die.
However I am buying calls on Tesla for January and for no reason they are doing ok so far. Who knows? Some say Tesla is done. Some say it is going to the moon. 50/50 debate. I don't know. I am just trying options for now.

 

[Robert Mugabe]

Watching these support lines now. Do you think it will drop down and what price points are you watching?

View attachment 57103

Don't listen to me.
I have a July 23 expiry on a $30.00 put.

 

[Robert Mugabe]

It could happen, still possible, with AMC anything is possible. It’s been a crazy rollercoaster ride for sure and I have been with them since January of this year.

Apes are standing strong against the hedge funds.. Logically, one financial expert was saying it's at best a $6.00 stock. Knowing my luck, it will tank day after expiry.

 

[Ponderling]

My fun was AH. It got hot a few months back , and I sold a once loosing position. It went in like 18 separate trades each of a few hundred dollars each.
Went back in once prices came back to earth, and now underwater a bit again.
But this is one of my fun holdings.