Moderately bullish activity in AMC Entertainment (AMC), with shares up 8c, or 2.63%, near $2.92. Options volume roughly in line with average with 25k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 0.3 points near 62.31,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.11. Put-call skew steepened, indicating increased demand for downside protection.
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