Bullish option flow detected in MGM Resorts with 12,689 calls trading, 3x expected, and implied vol increasing over 5 points to 33.73%. 4/5 weekly 50 calls and 4/5 weekly 48 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.10. Earnings are expected on May 1st.
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