So, as we go to the homepage and select AMC from the drop-down menu of Stocks, a dashboard is seen with various information. The details are laid out in this section.
The first thing that you will notice on the leftmost side is a dollar value. For example, we can see the value of $4.42. This dollar value represents the actual price of the AMC stock on the NYSE. It also indicates the percentage change since the last day’s closing price and the volume traded. There is a dedicated page for the trading volume as well.
The Trading Volume section on the homepage shows the in-depth 1-minute volume, including the corrections updated every 30 min.
SSR is the abbreviation of the term “Short Sale Restriction.” It is a rule set by SEC for any stocks on NYSE to stop short selling during a downtick. It automatically triggers if the stock price falls below 10% from its closing price on the previous trading day.
Some applicable conditions are as follows:
- It can only happen during stock trading hours, i.e., 9 a.m. to 4 p.m. ET and is not allowed during pre-market or after hours.
- The stock price must fall below the threshold value or 10% from the last day’s closing price.
- Once triggered, it will continue at least till the end of the next trading day.
This circuit breaker ensures that short sellers cannot continuously short the stock and drop the price so low that it will hurt the investors. This mechanism is placed as a threshold to protect the investors and cause a huge panic. It will also ensure the resulting shorting cannot lead to a bank run.
For example, as we can see in this case, the SSR trigger price is set at $4.91. It has been set to $4.91 because the previous day’s closing price was $5.46, so keeping a 10% threshold, it comes to $4.91.
Interestingly, we see an “on” symbol above the SSR, which means NYSE has triggered the SSR, so people won’t be able to short AMC continuously during today’s trading hours. It is also verified that the stock price shows a price of $4.42, which is lower than $4.91.
SSR doesn’t restrict traders from shorting but puts a rule in place.
So, with the SSR in effect, the stock should go: sell (downtick), buy (uptick), sell (downtick), buy (uptick).
Stock Price in EURO
On the right-most section, we can see the Euro value with an equivalent USD value below it in brackets.
Just like in the leftmost section, it shows the price of the AMC stock in Europe’s largest stock exchange, Börse Frankfurt or Frankfurt Stock Exchange of Germany.
As we can see in our example, the Euro value is shown as €4.11, and the corresponding USD value of $4.40 is mentioned below.
Calls ITM Expiring
Stonk-O-Tracker provides an option called Calls ITM Expiring in the top dashboard section.
It indicates how many AMC call options expire “In The Money” on a specific date.
An option call or a call enables users to buy a particular share at a set price on a specific date, also known as the “Strike Price.” So, a buyer speculates the stock price based on research and intuition.
So, when the date of the options expiry comes to fruition, if the price at which the call was set is lower than the actual price of the stock on that day, then the trader is “in the money,” and they profit from the price difference.
For example, we can see that 4255 calls are expiring on March 17, and about 26,466 people are ” In the Money” @ $5. So, the strike price here is $5.
So, realistically 26,466 people have set the call at $5. So, if on the date on which the call option is expiring, i.e., March 17, the price of the AMC stock is more than $5; then these traders can exercise the call and buy the shares for $5 and sell it on March 17’s price and profit from the difference.
Let’s assume the price of AMC on March 17 is $6. Suppose trader A has set the call at $5 for 100 shares. So, on March 17, he can exercise the call and buy 100 AMC shares for $500 @$5 per share and sell at that day’s selling price @$6 per share for $600 and make a profit of $100.
Available Shares to Borrow
An important piece of information for short sellers is the number of shares of particular shares available to borrow.
So, in short selling, traders will borrow the shares from brokers. They will then short them and wait for the price to drop. Once the price drops, the traders will sell the shares back to the brokers and collect the gains due to the price difference.
Borrowing Shares varies according to the demand for the stock in the market, and so the number of available shares to borrow increases or decreases according to that demand. If the stock is shorted heavily, the availability number will dwindle, i.e., fewer stocks will be available to borrow.
The creator, however, notifies that this data is pulled from Interactive Brokers, so only the number of shares available to be borrowed from them doesn’t reflect the total number of shares available to be borrowed in the market.
ETF Shares Available
AMC is part of some ETFs where it can be traded. It is also often used by short sellers to borrow shares. The ETF Shares Available indicate the number of shares in the ETF that short sellers can short.
The creator suggests using the table on the site for the detailed data. The latest table for AMC ETF shares data at the time of writing is as follows:
The above table gives a break-up of the shares available from the different ETFS. As you can see, SFYF has 833, and TWEB has 9 AMC shares to be borrowed.
Option Data Chart
Earlier, we discussed Call Option, Put Option, or Put is the same thing but in the opposite direction of the Call.
This table also indicates both ITM and OTM. OTM stands for Out of The Money, meaning that contracts be they Call or Put, are not near the stock’s current value.
Stonk O Tracker: Trading Data
Short Percentage indicates the percentage of AMC shares of the total volume shorted in the stock market.
Dark Pool Percentage shows the percentage of short traders trading through Dark Pools that are not public and are most probably linked to dubious players trying to manipulate the stock price.
Fails to Deliver
The following Fails to Deliver Chart includes the number of AMC shares that failed to execute, the date, and the closing price of the AMC share.
Tits-Up-Tracker
This tracker mainly tracks two different metrics:
