Is AMC Gonna Run (Again)?
Posted on Thursday, September 30, 2021 at 3:57 PM
Dan Passarelli, CEO - Market Taker Mentoring
AMC, the reigning short squeeze king, had huge call trading volume today Hundreds of thousands of contracts. I went on record saying I didn't think it could have another short squeeze. But it was up big today, had the volume. It begs the question: Is AMC gonna run (again)?
When call buyers open new positions in options with high short interest, it's one indicator we could see the move happen. That's what we track. Watch this video and see what I'm talking about.
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