Moderately bullish activity in AMC Entertainment with shares down 0.46%

Moderately bullish activity in AMC Entertainment (AMC), with shares down 2c near $3.23.Options volume nearly triple the daily average with 83k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.15. Implied volatility (IV30) is higher by 1.4 points near 97.84,in the top quartile of the past year, suggesting an expected daily move of $0.20. Put-call skew flattened, suggesting a modestly bullish tone.

Confident Investing Starts Here:

• Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions

• Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on AMC:

Disclaimer & DisclosureReport an Issue

• Unusually active option classes on open May 19th

• AMC Entertainment’s Stock Soars Amid Market Buzz

• B. Riley Financial Cuts AMC Entertainment Stock Price Target In Half

• AMC Entertainment rises 10.3%

• AMC Entertainment price target lowered to $3 from $6 at B. Riley