Here is my rough estimate for AMC prices this month based on the previous cycle. last couple weeks line up to a T and I expect the prices to continue following this pattern. Im guessing AMC hits between 140 and 280 on the 23rd as the peak for this cycle.
I expect about a 100 to 150 dollar move either up or down upon earnings. Upside price target of about 3550 and downside price target of about 3150. Straddles could be a great way to play earnings for this week or if you are more bullish or bearings then puts or calls for November.
