r/wallstreetbets
The theatrical slate is absolutely stacked and streaming fatigue is real. Bulled up on AMC.
Author is bullish on AMC due to a stacked upcoming movie slate and streaming fatigue, buying calls for August and December.
- Stacked upcoming theatrical slate including major franchises like Spiderman, Dune, and Avengers.
- Streaming fatigue is driving audiences back to theaters, evidenced by strong presales and younger demographics attending indie horror films.
Look, I'm not that smart when it comes to this stuff and I'm not suggesting that we will reach 2021 levels. But looking at the upcoming movie slate with The Odyssey, Spiderman and the double hit of Dune and Avengers: Doomsday dropping in December, as well as the recent uptick in younger crowds going to see more indie Horror like backrooms and Obsession I think this stock definitely has room to grow. I bought calls for 8/21 and depending on how that goes I'll buy more for December. Despite streaming, it seems more and more people are going to the movies, especially after the Spiderman pre sales. Anyone else feel bullish on AMC?