Bearish flow noted in MGM Resorts (MGM) with 2,716 puts trading, or 1.6x expected. Most active are Mar-26 34 puts and 3/13 weekly 37.5 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.87, while ATM IV is up over 4 points on the day. Earnings are expected on April 29th.
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