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csdailey

Calling the top

Short
AMC Entertainment (NYSE:AMC)  
csdailey Updated   
NYSE:AMC   AMC Entertainment
Trend Analysis AMC amcentertainment
4
2
trendanalysis amc amcentertainment
Position: Long put around @ $66 and $56 with expiration spread between today and 4 weeks out.
Target: $32 - Full retracement of this weeks pump.
Reasoning: $AMC has 6x'd. Daily RSI rarely stays up here for long.
Comment:
Comment:
Volatility has dropped.. Is this the breakdown of the current uptrend happening?
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