Bullish option flow detected in MGM Resorts with 15,816 calls trading, 4x expected, and implied vol increasing over 2 points to 39.61%. Jan-24 45 calls and Jun-23 38 calls are the most active options, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 0.14. Earnings are expected on February 8th.
Published first on TheFly
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