AMC Option Symbol - AMC1
$AMC Entertainment(AMC.US$
Unable to do any covered call due to the new option symbol - AMC1...
selling a call option becomes selling on margin...even though i hold the equivalent AMC shares.
Anyone have this problem>?
$AMC Preferred Equity Unit(APE.US$
Unable to do any covered call due to the new option symbol - AMC1...
selling a call option becomes selling on margin...even though i hold the equivalent AMC shares.
Anyone have this problem>?
$AMC Preferred Equity Unit(APE.US$
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bic mutney : why cap your gains
des10 : it's because AMC1 refers to AMC+APE
500万 OP : that's another topic all together....lol![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102638468 : me too, , having the same issue, called moomoo to check
500万 OP des10 : you are right....called moomoo and they referred me to some official option document..
so now AMC1 becomes quite a complex option...
500万 OP 102638468 : yeah checked with them....due to AMC 1 = AMC + APE, cannot do covered calls now...like wtf.
Nagapur : So we cant sell CC anymore next time?
Or this is just transition phase
500万 OP : no idea....basically now...AMC 1 = AMC + APE...
so if u want to sell one Call, u must have 100 AMC and 100 APE, i supposed...i maybe wrong, but the pricng of the options seem to support that. if u do not have 100 of each, then you will selling on margin.