✉news CultureEntertainment first seen 13 h ago, last 7 h ago, peak #14
Traders pile into AMC call options in heavy volume
Original: Stock Traders Buy High Volume of Call Options on AMC Entertainment (NYSE:AMC)
Traders have been buying call options on AMC Entertainment at unusually high volume, betting the movie theater company's shares will rise. AMC, the New York Stock Exchange-listed cinema chain, has a history of sharp retail-driven swings, so heavy activity in bullish options often draws attention from investors watching for another rally.
Why now: AMC's stock is prone to viral retail trading surges, so heavy call option buying signals expectations of a big move.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/288067