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MGM Resorts call volume above normal and directionally bullish
The Fly

MGM Resorts call volume above normal and directionally bullish

Bullish option flow detected in MGM Resorts with 6,767 calls trading, 1.5x expected, and implied vol increasing over 1 point to 31.89%. Mar-24 40 calls and 2/23 weekly 43 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 8th.

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