Was going to say, the run today was on news, but fundamentals speaking, and other factors, this is going down more maybe to $2?
Options360
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@stlowkey, I would not be surprised either way it goes this week. Usually the market is a leading indicator, not a laggard, so if there's light at the end of the tunnel it starts going up. Obvi, current fundamentals are destroyed from covid. Just for AMC, it's employees and society as a whole, hope there's a silver lining in the end, which may be a long time coming. But I went long with put protection to see what's up. Currently at neutral gains / losses. lol. I'm having some blind hope I know. Haha
Options360
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I grabbed cheap 10/23 put protection to see how the week goes...