Bullish option flow detected in MGM Resorts (MGM) with 19,404 calls trading, 4x expected, and implied vol increasing over 4 points to 44.79%. 10/24 weekly 38 calls and 10/3 weekly 37.5 calls are the most active options, with total volume in those strikes near 14,900 contracts. The Put/Call Ratio is 0.21. Earnings are expected on October 29th.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGM: