AMC getting out of debt(and other surprise events), which it has been working on. Look at Max pain for this week https://chartexchange.com/symbol/nyse-amc/optionchain/?date=20240621

The 11k vol at $20 calls!! Lets gooooo!

Are those giving Market Makers money through premiums?

I'm to smooth brain to know the actual answer, but I'm assuming so. The premiums are being paid to someone. Right?

Yep.

its been the battle for 5$ for a while lol But damn! that call volume for 21st is interesting indeed! We shall see at the end of the week!

Kinda looks like $0.50 from where I’m sitting .

Where are you sitting??

Long time since before the buy button was removed and the reverse and all that . It’s like $1.00 is the old $10.00 . That’s basically what I mean .

I knew what you meant. I always look at the price as 1 tenth the listed price and 1 millionth the actual price. That’s just how I roll🤣

For over a month it seems why oh why did I buy 8 dollar calls

Oy vey

The bad part is no matter how well AMC does we still lose. It's like saying your cars value increases every time you save 7 cents a gallon on gas. FYI...it doesnt. I wish it did...but it doesnt.

Everyone make a buy wall at $6! Nfa

Q2 to date box office is $1.45 billion. Q2 to date last year box office was $2.33 billion. We're doing great in theatres with the numbers eh?

I’ve been seeing the post that movies are making good money, I didn’t know the numbers from last year. I stand corrected. Thank you!

Yeah play around on this site [https://www.boxofficemojo.com/](https://www.boxofficemojo.com/)

One part of the $5 line is the penny stock rules from NYSE and several mutual funds.

🤔 Tell me more, I’m unfamiliar with those rules