Communication Services Meme Stocks Reference Data Updated 2026-05-31

AMC Gamma Exposure, IV Rank & Implied Volatility

AMC Entertainment Holdings Inc. (AMC) options data — GEX, IV rank, options chain & Greeks

AMC options trade with implied volatility typically in the 70% - 400% range, averaging 400K+ contracts in daily volume with excellent liquidity. Next earnings: February 2025. Weekly options and LEAPS are available.

As of 2026-06-18, AMC's 30-day implied volatility is 118.4%, placing its IV rank at 91.0 — the 91.0th percentile of its 52-week range, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

Comprehensive options market data for AMC Entertainment Holdings Inc.

AMC Options at a Glance

Daily Volume: 400K+ contracts
Bid-Ask Spread: $0.01 - $0.03 ATM
Open Interest: 5M+ contracts
IV Range: 70% - 400%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: February 2025
Daily Volume
400K+ contracts
Open Interest
5M+
ATM Spread
$0.01-0.03
IV Range
70-400%
Status
Meme Stock
Community
Ape Movement

1 About AMC Entertainment Holdings Inc. (AMC)

AMC Entertainment is the world's largest movie theater chain. The company became a major meme stock in 2021 alongside GameStop, with retail investors rallying to save the company from bankruptcy. The 'Ape' movement remains active, though the company has diluted shares significantly to raise capital.

Company Profile

Sector Communication Services
Industry Entertainment
Market Cap $1B+ (highly variable)
Exchange NYSE

Key Dates

Next Earnings February 2025
Earnings Frequency Quarterly
Dividend Schedule None
Fiscal Year End December

AMC survived potential bankruptcy through meme stock rallies and capital raises. The company continues to face challenges from streaming and changing moviegoing habits.

2 AMC Options Market Overview

AMC options are extremely active with massive retail participation. The stock is heavily traded by meme stock communities with gamma squeeze potential.

Average Daily Volume 400K+ contracts
Total Open Interest 5M+ contracts
Put/Call Ratio 0.40 - 0.80 typical
Typical ATM Spread $0.01 - $0.03 ATM
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Excellent

AMC options are among the most liquid by volume. Low stock price makes them extremely accessible to retail.

3 AMC Implied Volatility & IV Rank

AMC implied volatility is extremely elevated due to meme stock dynamics and fundamental uncertainty. IV can spike 200%+ during squeeze attempts.

Low IV Environment
70% - 100%
Below average volatility
Typical IV Range
100% - 180%
Normal conditions
Elevated IV
180% - 400%
Above average volatility

Earnings Impact

IV rises before earnings but social media events often cause larger IV spikes than earnings.

The post-earnings volatility drop is known as IV crush. Holders of short AMC options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

IV is persistently elevated above HV due to squeeze risk premium.

Term Structure

Often inverted or humped as short-term squeeze risk commands premium.

View AMC Volatility Lab

AMC Gamma Exposure (GEX)

Gamma Exposure analysis for AMC is critical - gamma squeezes have driven massive price spikes historically.

Typical GEX Profile: AMC gamma can swing dramatically. Call buying can create self-reinforcing gamma effects.

Key Levels: Low strike prices mean many retail traders can buy calls. Round strikes attract heavy positioning.

Dealer Hedging: Dealer hedging dynamics are extreme. Heavy call buying can trigger squeezes.

View Live AMC GEX

4 Common AMC Options Strategies

These are strategies commonly used by traders on AMC options, based on typical market characteristics. This is not investment advice.

Long Calls Speculative

Popular retail strategy hoping for squeeze. Very cheap in dollar terms but expensive in IV terms.

Extremely rich premiums but very high assignment risk during squeezes.

Debit Spreads Directional

Reduce cost of directional plays. Spreads make squeeze bets more affordable.

Collect premium from high IV. Risk is share assignment in a distressed company.

Straddles Volatility

Play for big moves in either direction. AMC can exceed implied moves.

Key Considerations for AMC Options

  • AMC is a meme stock - price often detached from fundamentals
  • Retail 'Ape' community remains active and can move the stock
  • Company has massively diluted shares to raise capital
  • Movie theater business faces structural challenges from streaming
  • Short interest and gamma squeeze potential are closely watched
  • Options premiums are extreme but often justified by realized volatility

Frequently Asked Questions: AMC Options

How liquid are AMC options?

AMC options are extremely liquid with average daily volume exceeding 400,000 contracts. The low stock price and retail interest create massive liquidity.

What is AMC's typical implied volatility?

AMC implied volatility typically ranges from 70% to 400%. Normal conditions see IV between 100-180%, but squeeze events can push IV above 300%.

What is the Ape movement?

The Ape movement refers to retail investors who bought AMC during the meme stock rally to save the company from bankruptcy. They remain active on social media and continue to trade AMC options.

Can AMC squeeze again?

AMC squeeze potential depends on short interest, options gamma, and retail coordination. While past squeezes were dramatic, massive share dilution has reduced squeeze potential compared to 2021.

Why are AMC options so cheap in dollars?

AMC's low stock price means options have low dollar premiums. However, implied volatility is extremely high, so options are expensive on a percentage basis.

What is the best time to trade AMC options?

The most liquid trading hours for AMC options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate AMC option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for AMC options across all strikes and expirations.

What happens to AMC options at expiration?

In-the-money AMC options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is AMC's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence AMC's intraday price action. AMC gamma can swing dramatically. Call buying can create self-reinforcing gamma effects. Dealer hedging dynamics are extreme. Heavy call buying can trigger squeezes. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live AMC GEX levels and the gamma-flip point on ApexVol.

What is AMC's IV rank?

AMC's IV rank shows where AMC's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. AMC implied volatility typically ranges from 70% - 400%. Check AMC's live IV rank and percentile on ApexVol's IV analytics.

AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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