You know, i don't know why it's stuck in my head. I got ta be honest, but i've had bohemian rhapsody stuck in my head for freaking, like six hours today, mama just killed a man. What is up everybody, i'm going to trace trades. We freaking talk fast and don't skip class.

I'm going to prep this by saying that i'm not going to find your advisor experts so take what you say: the greatest salt, let's get into the video guys. We got some freaking new lights and stuff in here. I didn't want to buy him a pack or maybe spend more money than i wanted to, but these look pretty nice. Let me know what you think of the the freaking, the the whatever this is.

I have no idea guys we're giving you an update. It's a great simple amc here for the day: we're gon na go over a couple different things, but first and foremost it was a slight red day.97. Now yesterday's video, i said i was kind of uncertain. I didn't really know which direction this would go.

So i mapped out three sort of roadblocks in which i thought you could potentially see this follow and follow this one pretty closely right. This purple trend line, essentially a bounce out of a demand zone back up into what would be acting as a supply zone. Right here and it's just kind of finding this range bound trading between these two marks, as it is right now. So with that being said, i'm gon na go over.

You know what i could maybe see happen here the next couple days. This is still forming a new trend here at the beginning of one, but we do have to see how this ends up panning out. Nonetheless, we're gon na go over the orthotics that which gives you an idea of 85 percent of the exchange reported data, we're going over the options flow, which is actually a little more bullish than it was yesterday, which is a good sign to me. I like seeing that uh.

It shows me that there was some big buyer stepping in essentially saying i think it's gon na be higher priced uh later in time than it is right now and they're targeting some shorter expiration, so that'll be interesting. Go over the technical analysis and then get you on your way, so without further ado baby, let's get into the video, so we're gon na start off here with the ortex daddy, you see a slight change to the downside in terms of short interest down about 2.39 Percent - and this is a couple day trend now where you can actually see the short interest going down just a hair. Now i've been thinking to myself right. Why? Why do you see the short interest going down at the same time as the utilization taking a massive nose dive? Well, it doesn't really correlate with the stock price.

Now, you're, looking at the overall stock price of insurance covered positions with ortex, it's a t2 settlement system, meaning that any sort of shares that were returned uh happened two days ago, and you can see that back up two days ago, you did have a little bit Of a price action move to the upside, but that came off of an initial rejection, so i i mean, maybe you can see some of these shorts having gotten out right there, but it's probably the most interesting to me is this pretty drastic drop in the utilization Rate, you see it go from 90.47 down to about 88.11 and that doesn't really match up with the overall uh short interest. That's actually on the stock, 96 million total shares. You got 108 million total shares on loan compared to 119 million the previous day. So you are seeing a slight decrease.

I i think uh. This is actually somewhere, where i'm a little bit fascinated. I'm not sure why you're seeing this this overall drop, it could just be as simple as there was recalled, shares that were previously out on loan. More so than were actually shorted into the market and uh it just pulled back right.

There could have been lenders that are pulling that stock back at the same time as having an overall, larger supply of stock, that's being lent out by big institutional investors in the grand scheme of things right. This doesn't really make a difference, but if this trend does continue, that is something to watch right that is going to affect, i would say the very least, the timeline in which you can expect this stock to uh, make the next big move, and it's just something To have to pay attention to right, we have to take each individual data point and watch what's happening on a given day, but the moral of the story is as per usual when you look at this vortex data. Are there still shorts in the stock, and the answer is simply point yes, eighteen point, eight one percent of the overall freaking free float, 500 million shares is short of this. 96 million shares guys to put this in perspective.

This stock has been on a monster run for almost a year. I can't believe it's been that long. That feels, i feel, like i've, been doing this for 10 years, but it's been on a monster run for almost a year now and they've had a lot of freaking time to kind of get a feel for what's happening here. Unless you live under a freaking boulder.

Like patrick starr, you got ta know, what's happening with amc and gamestop right and what's happening with amc and gamestop. There's been so many opportunities for these guys to get out of the stock for this to even be 20 shorted based on 85 exchange reported down, and i quite frankly think it's much higher than that because of the heavy put options market. The deep in the money puts that can be played on this, essentially leveraging short positions right. I think that uh, it's it's just goofy, i don't know, i don't know if i can understand but wrap my head around the thought process behind these guys that are betting against the stock and bet against the apes.

But that's our competition. That's who you're up against or guys who, in the last nine months, couldn't find the trend right always follow the trend, that's what they say right and the trend is uh, not not bearish. Here's look at the grand scheme picture and look at what you've got accomplished. Right last freaking, nine months, you went from two bucks all the way up to 46.84 cents, a high of 72.

there's more to come right. Do this number do this number? Maybe this means zoom out, maybe you're playing with a harmonica that not harmonica, maybe you're, playing with an accordion. I don't know, but nonetheless you get what i'm saying here. So that's what you got rocket on the short interest that nothing major has changed in uh the grand scheme of things the flow.

This is unusual whales. This is a tool that i use to be able to gauge, what's happening with uh options, both calls and puts. I focus primarily on the ask side of things that way i can get an idea of the long calls and long cuts. These puts essentially buy it to open, sell to close positions.

If i show you the filter here, really quick, i've got the 50 000 premium range set. I just want to see the big buyer stepping into this. You can see at the close there's, actually a decent amount of bullish activity that took place on this setup. The most spectacular, probably is this 756 000 premium bet for a 70 strike on october 1st.

That is a sense of urgency. I'm actually pretty damn impressed. I think a press is the best way to put it. You see the overall premium and the volume on this, and it's overwhelmingly bullish right, you see, 86 percent of this is uh call premium and then 93 of this is called volume.

The breakdown by strike 50 is being pretty heavily targeted, 55 and then 70 as well, and then i want to show you the overall expirations. So let me just uh refresh this page here, really quick, i'm going to pull up what is actually being targeted in terms of expirations, typically with amc, since it is such a heavily traded derivative within the derivatives market. You see that uh, the weekly expirations are the most heavily traded, but i can show you this here right now. You won't have to even freaking bat and i or think about it, maybe i'll upload this one, we'll rock with this amc there we go.

So if we look at the most uh, heavily targeted exploration point what the bob sagit, what is this doing? Cccc, that's goofy! Well i'll! Try again i'll give this a a second world. I don't know why my computer's being so goofy anytime, i have obs open. I think it's because i've got nvidia uh on here. It just acts kind of goofy, sometimes, but the most heavily targeted expiration is actually october 15th.

You see that there's 37 million total call options targeting that date, uh, which does show a sense of urgency right. It means that, sometime within the next month, you are seeing some big buyers were expecting a decent sized move. Then september 17th, as per usual, you see pretty heavily targeted now, what's the synopsis from this right? What's the why? Why does it matter? Well, i like to see that there's a lot of freaking call premium and volume coming in, and i also like to see a sense of urgency, because that does tell you that you can expect a decent sized move coming up sometime within the next. You know short period of time because obviously 756 000 buyer at the 7 strike for october 1st is betting on that as well.

So that's what you got rocking right here, which brings me to the technical analysis right now. What did i map out three different possibilities? I thought you would either a cs: get a bounce directly out of the supply zone and come up to retest that 50 range b to get out of this supply zone. Our demand zone come back up to the supply zone, reject come back down test and then come up to the 50s or see the worst case scenario. The bear scenario that doesn't mean that it's over it's done, yada yada.

This is just a bear case right for a bull. This isn't what you wanted to see today. The grand scheme of things doesn't matter, not really, you were prepared for it, but the bear case scenario was: it would come down to this demand zone test it and then bounce back up. You can see what it rejected.

Was this previous demand zone acting as a supply zone, so i'll change this color to red just to make this very easy to see. Bounced right here, rejected, came back up, rejected and now we're just hanging above that demand zone. So what i would like to see now is, since it did come up and test out this uh, this supply zone right here at about uh 47.88 cents. It came back down and retested this demand zone the best case scenario here, i'm going to lay out both of them for you, but i'm going to give you the best case.

First, is that it ends up uh, bouncing back up into the supply zone. Right, that's what i'm actually watching for here, so i'm gon na map this out nice and simple you wan na see it come back up and break through that into this price action right here now is that gon na happen tomorrow. I can't guarantee you that, but i can't tell you the overall trend is you are seeing this start to get some bounce right. This is the beginning of a trend we just want to see it start to form one you've got the the bottom of a touch.

Point right here, you'd be looking for some sort of touch. Point right here, touch point right here right following this overall uptrend back into that 50 range for the bolt case scenario. If it's not going to pull back into any other sort of price action, the bear case right, i'm gon na give you both lane t is straight. You can see here that there's another actual zone down here in which this actually briefly tested, which we're gon na call uh demand zone right, and that would be the bottom out of about 44.58.

No ever right, i'm getting you ready for both cases. If you see this break beneath, i would argue 45 and 85 cents. You can expect a hard move to the downside to about 44 58 or so until this ends up getting some momentum back. That's the trend that you got to watch for.

Overall, you know this is uh. I would. I would call some sort of uh head and shoulders pattern. You've got a head right here.

Shoulder could be the beginning of a shoulder. We have to wait and see how this trend plays out, but overall, the bulls are betting, that this is a big move coming to the upside and not to the downside. So that's that's kind of what you got cooking up here. It's it's still a little bit of washi territory, but this is slightly favoring bulls heading into tomorrow, which i do like to see.

As always, though, i need to get this message out there. Please do not over leverage in this position, please not over leveraging any stock in the market. I don't want people not being able to feed themselves, especially playing derivatives right. You have to be super super ultra careful playing calls, especially weekly explorations have a game plan right.

That's all that i'm asking for and guys you know what this game is. I i want to leave it at this amc is so simple and i uh sometimes i get critiqued and criticized because i don't dig into the reddit dd and i uh. I don't come up with the latest greatest hot freaking news out there, and my reasoning, for it is simple. I think everything that you need to know about amc is out there.

So what i want to do, for you is give you the day-to-day sort of uh patterns and things that i'm seeing within the stock so that you can go to bed, maybe sleeping a little better at night right. This is a simple, simple, freaking story and legacy. That's being written, there's a lot of bad things that have happened in the stock market. Amc is a culmination of all those freaking bad things right.

It's essentially a slap in the freaking jaw by the apes to the the hedge out there that that, basically just bet against you, you know it's that simple. Now you can dig into the nitty gritty sort of details and all sort of stuff, and maybe i should maybe i should - and i don't, but i i really think this is something simple: it's about the freaking community, the people behind this trying to stand up for Something bigger than oneself, and that's that's kind of what i think about that. So that's what i've got for this video blah blah blah. You know whole spiel drop a like consider, subscribing everyone to my friends: catch y'all, the next one lights, apps, always much love and peace.