Amc has a pretty interesting risk structure for put selling

I recently have been selling the AMC $3.5 3/19/$4 3/26 puts for 40 cents and 60 cents respectively. Obviously the implied vol is through the roof because of the squeeze, even after the collapse. But the main reason the risk structure seems pretty great is because of where max loss will be. They bottomed at around $2 with major bankruptcy risk and were trading in a $2-$3 range for months before that. They have recently secured enough cash, in loans and equity raises, to survive 2021, so bankruptcy is off the table- at least for this year. So that leaves the question, what’s the “max loss” for AMC, $2? $3? If we assume a $3 max loss on the stock you can collect 1:1 risk reward worth of premium, but this is at the 20 delta for the $4P 3/26 . An 83% P50 but hypothetical 1:1 payoff.