Bullish Case: AMN could benefit from a sector rebound aided by stabilized healthcare demand, driving up temporary staffing needs. Recent insider buying demonstrates confidence, suggesting potential investor optimism and price recovery could escalate.

Bearish Case: Continued economic pressures may exacerbate AMN's share price decline. High put volume indicates bearish sentiment, while recent legislation and market volatility could further impair financial performance and investor trust.

Potential Outcomes:

1. 50% chance of price recovery driven by improved investor sentiment.

2. 35% likelihood of continued bearish pressure from economic factors.

3. 15% chance of significant volatility spikes affecting options pricing.

Trading Oracle: Engage in a bullish debit spread buying 1 $25 call and selling 1 $30 call with high volatility leverage. Given the price at $26.5, target a near-term expiry to capitalize on potential upward momentum. High potential returns with low downside risk. Monitor market news closely.

November 19, 2024