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AMC put
AMC Entertainment
Short
AMC put
By qyu001
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Updated
Feb 9, 2023
2
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Feb 3, 2023
Bearish on AMC.
On daily chart, both RSI and +DI indicate over bought, plus the shooting star.
Bought Feb. 10th $12 put for $6.25. Break-even $5.75
Placed a GTC order to close the position @$7
Feb 9, 2023
Note
Sold my put at $6.55.
It might go down more tomorrow, but there is not much time left,
I don't want to run the risk of a sudden price jump.
Chart Patterns
Technical Indicators
qyu001
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