JUST Bought more AMC | $64,000 Deep! HODLing for 1 Year.

before we begin the video i want to give

you a very clear

and blunt and sincere bottom line

because the comments are

often ridiculous let me be extremely

freaking clear i promised i would make a

52 000 investment into amc by the end of

this video you are going to see

a 62 000 total investment into

amc stock which is a company i never

said i would buy shares although in this

video

i did buy shares you can re-watch

exactly what i said last week

the video is available for you to watch

i am investing

the way i promised i would you're going

to see exactly why i'm doing that

in this video it is a strategic move

if you're here to learn watch the video

and watch the content

if you're here to hate throw a dislike

leave a nasty comment

get the f out of here because the

reality is we should be learning from

each other

in the way we are strategically

investing not

hating on each other that's not how we

get progress done

leaving nasty comments calling people a

hedgie or a shell or

uh you know a suit or all this bogus get

out of town

folks we should be learning the

technicals together

and that's what you're going to see in

this video so like it or not at the end

of this video

i will have sixty two thousand dollars

invested in amc

or actually closer to sixty four

thousand dollars invested enemies amc

which if you consider the fact that i

promise to invest 52

000 in i'm actually investing more money

into amc

than promised and as promised i will do

so

for a year now if that means i'm gonna

play

contracts that doesn't mean i can't

get in with a lower basis which is

exactly

what i'm doing now i own shares and

you're going to see that

but i'm going to play my way in to do it

profitably

and if you want to see it happen join

let's get into

it hey everyone meet kevin here here's

the latest on my moves with amc

so this week started out great the

technicals were amazing for amc

and i made an agreement to invest 52 000

into amc i held that agreement by

getting into

a call option and a bullish put by

selling a put

so in other words i had two options

bullishly positioned for

amc the company i've closed both of

those options out

but today the technical started breaking

down a little bit

in fact a lot of us have been watching

my technical analysis

on the live streams we pay close

attention to the ta

and we specifically pay attention to

these lines that we've had drawn for

days

we've kind of been riding this 51 line

right here

and amc has kind of struggled with

bouncing around this

we never had the volume to really break

out of this level

that made me a little bit nervous

because we need that

volume to come to really get see our

shares push up

to minimize that liquidity of shares

outstanding and then to

prevent the price from falling uh and so

unfortunately

that volume didn't come and i'm not

going to move the market myself

obviously with 52

000 and so my thought was okay i'm gonna

take

some profits on the two options that i

have especially since one was

expiring today i'm like well duh let me

take my profits now

because if it expires i'll lose those

extra profits i could otherwise have

so i took my profitable positions and

then what i did is i decided you know

what let's watch the technicals

because we got to set up to be able to

buy

amc because there's a chance it's going

to dip before the close

so what i did is right around here right

now i didn't time the top perfectly

but when i saw the rsi hit over

bought i sold and i had a notification

set and i sold right around

53 dollars the options that i had

and i prepped to buy my new positions

and so what i did

is i waited for about let's see i want

to say it was 47 or 40 just under 48

just under 48 dollars which i believe

was right around

here towards the end of the day and i'll

show you the verifications of these

i bought uh a or i'm sorry i sold

another put option for two weeks out

again i took a twelve thousand dollar

credit

and i bought the forty dollar this

basically means i'm buying shares at amc

for thirty dollars it's like why why

if it falls to that level like worst

case i'm buying it for thirty dollars

which is crazy or i could just

turn them into shares at uh at the day

my option expires or i could trade my

option there are a lot of things i can

do

i'm really trading here is what i'm

doing so

i got myself a a forty dollar sold put

contract got a twelve thousand dollar

credit

and then what i did is i took that

twelve thousand dollar credit because my

fifty two thousand dollars of collateral

is not

now tied up in that contract i took that

extra twelve thousand dollars in credit

though

and i bought shares but by the time i

got my put

we started seeing the technicals move up

again and i thought you know what

there's a chance we could see amc stock

rotate

down to our lower line because the

volume

isn't there i didn't think it was going

to happen by the close so i took

advantage of

the dip and i sold the put which is a

bullish move on amc

uh and so we do have this prior line

that's drawn here

and so i've been watching amc in the

afters here and take a look at this

folks

and you know this line has existed

because if you've been watching my live

streams

you know that we've had this line at

around 41

30 somewhere right around there and look

at this touch folks

we had a double touch in the

after hours or on the lines that we have

drawn

which is absolutely crazy i mean that's

that's i call this pretty much a double

touch

you can see if you zoom in closely it's

not like perfect but we've had these

long

lines drawn for days and we had a double

touch on these lines

as soon as i saw that double i thought

you know what i don't think

this the share price is going to go down

much further i think this is probably it

for the rest of the day

i don't know who knows there's still

some time left there's another hour left

here

but i believe this line is a good

support line so what i did is i

bought twelve thousand dollars worth of

shares at this price

now what i'm going to do is i'm going to

take these 12 000 worth of shares

and i'm going to hotel those shares for

a year

then what i'm doing in the meantime is

i'm going to keep playing

options until i get all of what's now

about a 62 000

investment even though i only promise to

put about 52 000

into amc i'm going to end up putting a

total of about 62

000 in 62 64 000 ish math right

but anyway uh we'll get that into amc

over time

but i'm going to do it strategically and

in a safe way

so that might mean depending on the

technicals that i see next week

i might end up closing out some of this

sold

put which again is a bullish move i

might buy some short-term calls

and if i buy some in-the-money calls

i'll get exercised into

shares and then we'll hotel those shares

so i'm really playing

a trader's game while i time my way in

and i think it's a really good learning

experience for everyone which

in my video where i talked about buying

into amc i want to make it clear

i never said i would buy amc shares i

said i would make an

investment into amc stock now people

regularly confuse that but i also did

say in the video make sure to watch my

videos in the future in my streams to

see what i do with it

so this has always been along the plan

that i would do a little bit

of trading and then we would play with

uh play with the shares to see what we

can do

now some folks say oh well kevin you

know that's

that's not bullishly moving the stock to

to sell it puts well i mean

i i disagree with that because they are

bullish choices

and ultimately 52 000 isn't going to

move the stock it's not like we're

trying to manipulate the stock here

we're trying to make money that's what

everybody's trying to do

nobody's in amc to lose money we're here

to make money

and so i've got 12 000 now locked in at

a really good dip price i feel

and when i get another dip opportunity

i'm going to convert some more of these

options over into shares so that way we

get that long-term hold which we've been

talking about

so that's the setup we've got here i

will show you my transactions here

just so you can see the evidence of them

so this uh oops i can't do that

i have to go hide myself there we go

go over here so this is my weeble right

now i did have to and i did not send an

alert for this because i didn't want to

do this

but i sold 80 shares of etsy which i'm

going to buy back

because i ran out of money in my aims or

my my weeble account and i wanted to buy

those shares after hours

so i'm going to buy those etsy shares

back right away but i'm not that is not

a sell signal for etsy

it's just i just bought 215 it was the

last stuff that i bought

uh and uh i thought okay all right let's

do a quick quick borrow money from there

basically

just to buy mc but anyway so here's kind

of what happened here

here's the sold put see sell put seven

seven contracts

and then i closed it out and so if we

click on this

you'll see that this was average fail

price 2430

and closing it out was an average fill

price of

twenty dollars so i profited the

difference which was about

what is that forty three hundred dollars

so i profited the difference

now we did uh for a micro second

buy and sell 500 shares but i

saw the technicals start falling apart

so i sent an alert that wait a minute

wait a minute i'm not going to do the

shares right now

i'm actually going to sell a put so i

sold the 13

13 puts at 40 that gave me a credit of

about twelve thousand dollars

and that's the twelve thousand dollars

that i then used

uh in the after hours here although it

didn't give me the buying power for it

so that's why i had to sell a little bit

of etsy to get these 216 shares here

in after hours average fail price 43 on

these

uh so anyway we got those filled in

after hours thanks to weeble which

remember you can always go to kevin.com

weeble deposit 100 and uh you will end

up

getting two free stocks worth all the

way up to eighteen hundred and fifty

dollars

so that's kind of the strategy as far as

what happened here my call is in robin

hood now my call was slightly negative

i wanna be transparent on that so

uh let's go ahead and put the call pull

the call up here here we go

uh call call call call pull that up so

you can see it here

so here you go june 3rd forty dollars at

27.10 per share on a call for two weeks

from now

so twenty seven dollars ten cents got

rid of them at twenty four dollars so i

lost about 3k there said about 3k yeah

3k

3100 right about there so ah that

actually means i only made about

1200 hundred dollars on on the trades

which not so great but uh anyway made

about twelve thirteen hundred dollars

strategically positioning in to and that

was just on the trades here

i guess that works though uh it could

have probably timed that

call option a little bit better but hey

anyway that's the transparent nature of

what's going on

my game plan i'll take 1300 extra bucks

in a week

and i want to see the technicals start

really improving next week and we're

going to convert these all into shares

so stay tuned

but the point is the money is allocated

to amc

as promised thank you very much for

watching and folks we'll see the next

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