Bullish option flow detected in MGM Resorts (MGM) with 19,997 calls trading, 11x expected, and implied vol increasing over 2 points to 36.99%. 6/27 weekly 34.5 calls and 6/27 weekly 34 calls are the most active options, with total volume in those strikes near 19,400 contracts. The Put/Call Ratio is 0.02. Earnings are expected on July 30th.
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