Bearish flow noted in MGM Resorts (MGM) with 4,171 puts trading, or 1.4x expected. Most active are 2/14 weekly 31.5 puts and Jun-25 30 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 4.01, while ATM IV is up over 1 point on the day. Earnings are expected on February 12th.
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