EXCLUSIVE Some on Wall Street try options trade to bet against AMC without getting burned

Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other "meme" stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong.

https://www.reuters.com/business/exclusive-some-wall-street-try-options-trade-bet-against-amc-without-getting-2021-06-07/