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MGM Resorts call volume above normal and directionally bullish

Bullish option flow detected in MGM Resorts (MGM) with 7,556 calls trading, 1.2x expected, and implied vol increasing over 2 points to 52.85%. 5/2 weekly 36 calls and Jun-25 35 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.63. Earnings are expected on April 30th.

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