The AMC Stock Discussion Thread

Trust Me

Coli Prophet
Joined
May 1, 2012
Messages
24,474
Reputation
4,223
Daps
52,079
Reppin
Orlando

L&HH

Veteran
Joined
May 18, 2012
Messages
53,269
Reputation
5,830
Daps
161,715
Reppin
PG x MD
Last Wednesday they dropped it from 60s to 40s I believe

this week couldn’t even get it below 55:mjlol:

it’ll prob be around 45 by Friday but it’s hard to see them getting under 40

Closing above 40 on Friday = gamma squeeze= me buying my own island and trading in this Camry for 3 lambos :mjlit:
I’m confused about the gamma squeeze. Haven’t the MM most likely already bought the shares? It’s not like they’re going to wait until Friday to buy a bunch of shares. They buy and sell shares daily to remain delta neutral. So isn’t it since the price been so high the past few weeks they already bought the shares they’d need for Friday?
 

klutch2381

A Doctor of Love
Supporter
Joined
May 11, 2012
Messages
7,381
Reputation
2,688
Daps
26,212
Reppin
If you think you're lonely now, ohhh girl...
Interesting, so over 40 is a done deal, I doubt 60 happens

I think it depends on how it does tomorrow. If it finishes at 57-58 we have to hope some whales push it over the line on Friday. If closes over $60 tomorrow, I think it will finish over $60 on Friday. Those whales with $60 call options will keep it over $60. It’s going to be a battle either way.
 

KING WILL

Superstar
Joined
Jun 14, 2018
Messages
8,728
Reputation
1,332
Daps
22,661
I’m confused about the gamma squeeze. Haven’t the MM most likely already bought the shares? It’s not like they’re going to wait until Friday to buy a bunch of shares. They buy and sell shares daily to remain delta neutral. So isn’t it since the price been so high the past few weeks they already bought the shares they’d need for Friday?


I'm not 100% on this.

But I think they may have purchased a lot to cover the $40 strike price. But not so much on the $50, and probably little to none for $60, or better.

That's why keeping this below $60 is so important/valuable to them.

Imo.

Again, I'm not 100% sure on this. This is just me trying to put X,Y, Z together from different things I've read.
 
Last edited:
Top