AMC’s Options Firelight: Ape Traders Target a Box-Office Comeback

1 min read
Source: CNBC
AMC’s Options Firelight: Ape Traders Target a Box-Office Comeback
Photo: CNBC
TL;DR Summary

AMC Entertainment surged again as a wave of ape-trader activity hit the options market (more than 300,000 contracts with around 100,000 calls) after a record box-office weekend and an earnings beat. The stock has risen for about four months to near $150 but remains about 99% below its 2021 peak, with millions in options premium and bullish bets on near-term calls, underscoring ongoing meme-stock dynamics and renewed investor optimism around theater recovery.

Share this article

Reading Insights

Total Reads

0

Unique Readers

7

Time Saved

2 min

vs 3 min read

Condensed

83%

42072 words

Want the full story? Read the original article

Read on CNBC