Dan Passarelli, CEO - Market Taker Mentoring 

If you look at the option chain for AMC options, you're probably wondering: Why did so many calls trade in AMC today? A lot of times, that leads to a big momentum move in the stock. But we didn't see the stock rally much today. Just a couple percent.

So what gives? Well, some of the reason is that they were not all call buying trades. Some were traders selling calls. Another reason is just that there are short sellers who push the stock lower. It becomes a battle between the bulls and the bears. And in this case it ended up a draw.

That said, market makers now have a lot of short gamma trades on and that can lead to an exaggerated move higher if the stock begins to move higher. We'll be watching AMC the next few days to see what stock action happens.