AMC - On The Brink of Collapse

Jul 12, 2021

AMC is topping out here and that's an enormous cliff face approaching for price to to fall down. This has been a good name for selling puts on and I would like to rinse and repeat with high IV down the road. First target for entry at $12 but it may go much lower.

An aggressive trader could buy a put here perhaps, but its not a trade for me.

Not advice.

Jul 12, 2021

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If you get one of these little emoticon wielding trolls such as Cryptochris1973, on your thread - good chance you're on the right track. 🤣🤣🤣🤡

Jul 13, 2021

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This is not a chart to be long.

Jul 13, 2021

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Down 5% overnight.

Jul 19, 2021

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Down 25% since time of call one week ago.

Jul 30, 2021

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Getting ready for the next leg down.