Bullish option flow detected in MGM Resorts (MGM) with 9,324 calls trading, 3x expected, and implied vol increasing over 1 point to 48.73%. Sep-26 40 calls and 5/1 weekly 40 calls are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.29. Earnings are expected on April 29th.
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