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AMC Entertainment call volume above normal and directionally bullish

Bullish option flow detected in AMC Entertainment with 55,015 calls trading, 3x expected, and implied vol increasing almost 8 points to 63.52%. 8/30 weekly 5.5 calls and 8/30 weekly 5 calls are the most active options, with total volume in those strikes near 16,400 contracts. The Put/Call Ratio is 0.13. Earnings are expected on November 7th.

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