AMC options surge on 'The Odyssey' release day

AMC options surged at the opening on Monday morning, with over 300,000 contracts traded, coinciding with the theatrical release of "The Odyssey." Traders are speculating on whether the new film's box-office performance could lift AMC's struggling share price. The chain has been seeking a turnaround as cinema attendance recovers.

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🎬 Entertainment IMAX China to dedicate nearly 800 screens to Nolan's "The Odyssey" from Aug. 14 Variety · 1h ago 🪙 Crypto Michael Saylor's Strategy boosts cash reserve to $3.75 billion CoinDesk · 1h ago 📈 Business Apple stock up 20% from June low, within $2 of all-time record CNBC · 2h ago

More on this topic

🎬 Entertainment IMAX China to dedicate nearly 800 screens to Nolan's "The Odyssey" from Aug. 14 Variety · 1h ago 🪙 Crypto Michael Saylor's Strategy boosts cash reserve to $3.75 billion CoinDesk · 1h ago 📈 Business Apple stock up 20% from June low, within $2 of all-time record CNBC · 2h ago