Rebel’s Edge: AMC vs APE, Unusual Options Activity in SPY, ASHR

What's the difference between AMC and APE? And why are they performing so differently today?

Justin Nugent

This article was last updated on 11/14/2022.

Pete and Jon Najarian kicked off November 14th’s edition of Rebel’s Edge by hitting the big topic of the week, the tale of two stocks: AMC vs APE. 

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On the top, shares of AMC — rallying hard over the past week. On the bottom, AMC Preferred Equity Units, or APE, AMC’s sister stock — down more than 10% today. But why is APE down, and why is AMC up, when they both represent the same company?

You’ll have to tune into today’s edition of Rebel’s Edge to find out.

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Discover why institutions are going long the Chinese ETF ASHR, and short the US ETF SPY. Find out what strikes they bought and get Jon and Pete’s unfiltered take!

Rebel’s Edge, 11/14/22: AMC vs APE, and Unusual Options Activity in SPY and ASHR

Stick around until the end to get Jon and Pete’s view on Vikings/Bills!

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