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MGM Resorts call volume above normal and directionally bullish

MGM Resorts call volume above normal and directionally bullish

Bullish option flow detected in MGM Resorts (MGM) with 9,944 calls trading, 5x expected, and implied vol increasing over 2 points to 41.98%. Jan-25 33 calls and Feb-25 37 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 12th.

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