Bearish traders swarm AMC options as stock conversion plan faces doubts

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Learn how to protect your retirement and get the facts on what it means for you and your money … [More here.]( Bearish traders swarm AMC options as stock conversion plan faces doubts July 29, 2023 Shares of AMC Entertainment Holdings Inc have been hit by a wave of bearish options bets amid uncertainty over the company’s stock conversion plan. The one-month moving average of open puts versus call options on AMC hit 1.7-to-1 on Thursday, the most bearish the measure has been in at least four years, Trade Alert data showed. Puts convey the right to sell shares at a fixed price in the future while calls offer the right to buy shares ... 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