Moderately bullish activity in AMC Entertainment with shares up 10.69%

Moderately bullish activity in AMC Entertainment (AMC), with shares up 16c, or 10.69%, near $1.60. Options volume roughly in line with average with 100k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.11. Implied volatility (IV30) is higher by 2.4 points near 107.3,in the top quartile of the past year, suggesting an expected daily move of $0.11. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 15.86% or $0.25.