AMC News & Events

Bullish flow in AMC Entertainment (AMC), with shares up 30c, or 18.32%, near $1.91. Options volume extremely heavy with 349k contracts traded and calls leading puts for a put/call ratio of 0.14, compared to a typical level near 0.11. Implied volatility (IV30) is up nearly 32.0 points near 138.68, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.17. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: AMC Entertainment (AMC) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

During a surprise appearance at CinemaCon, Paramount Skydance (PSKY) CEO David Ellison announced that as of today, Paramount Pictures will offer a 45-day exclusive window for their movies to play in theaters, Matt Donnelly of Variety report. Ellison also said Paramount will commit to a 3-month period for its movies to be on streaming video-on-demand platforms before titles head to Paramount, Donnelly notes. Publicly traded companies in the movie theatre space include AMC Entertainment (AMC), Cinemark (CNK), Imax (IMAX), Marcus (MCS) and National CineMedia (NCMI).