Tour v477
MGM
MGM RESORTS INTL
$44.57 -2.39%
7/31 18:51

Option Volume

Detail
Current (07/31) 6,412
Calls: 3,334 (52%)
Puts: 3,078 (48%)
Prior (07/30) 4,221
Calls: 2,415 (57%)
Puts: 1,806 (43%)
Current vs Prior +51.91%
Calls: +38.05% (Calls)
Puts: +70.43% (Puts)
Prior 7-Day Total 23,482
Calls: 13,052 (56%)
Puts: 10,430 (44%)
Prior 7-Day Average 3,354
Calls: 1,864 (56%)
Puts: 1,490 (44%)
Current vs Prior 7-Day Avg +91.14%
Calls: +78.81%
Puts: +106.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $836.9K
Calls: $477.1K (57%)
Puts: $359.8K (43%)
Prior (07/30) $255.8K
Calls: $183.0K (72%)
Puts: $72.8K (28%)
Current vs Prior +227.24%
Calls: +160.76%
Puts: +394.35%
Prior 7-Day Total $4.12M
Calls: $3.49M (85%)
Puts: $631.3K (15%)
Prior 7-Day Average $588.2K
Calls: $498.0K (85%)
Puts: $90.2K (15%)
Current vs Prior 7-Day Avg +42.29%
Calls: -4.20%
Puts: +299.01%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.92
Prior (07/30) 0.75
Current vs Prior +23.45%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg -0.21%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/31) 47,508
Calls: 31,287 (66%)
Puts: 16,221 (34%)
Prior (07/30) 21,348
Calls: 14,645 (69%)
Puts: 6,703 (31%)
Current vs Prior +122.54%
Prior 7-Day Total 493,671
Calls: 327,412 (66%)
Puts: 166,259 (34%)
Prior 7-Day Average 70,524
Calls: 46,773 (66%)
Puts: 23,751 (34%)
Current vs Prior 7-Day Avg -32.64%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.31% | 5.38%8.75% | 11.89%
Prior 3.68% | 4.40%8.78% | 12.88%
Current vs Prior +46.35% | +86.03%-0.36% | -7.66%
Prior 7-Day Avg 6.13% | 7.71%9.97% | 12.79%
Current vs 7-Day Avg -12.14% | +6.18%-12.22% | -7.00%
Prior 7-Day Eod 3.68% | 4.40%8.78% | 12.88%
Current vs 7-Day Eod +46.35% | +86.03%-0.36% | -7.66%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 88.00% | 154.02%
Calls: 88.00% | 113.45%
Puts: -- | --
Prior 88.00% | 154.02%
Calls: 88.00% | 113.45%
Puts: -- | --
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 47.01% | 68.08%
Calls: 40.10% | 56.09%
Puts: 40.29% | 80.07%
Current vs 7-Day Avg +87.20% | +126.24%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 227% vs prior. Above-average activity with volume up 52% vs prior. Volume explosion - 91% above 7-day average (6,412 vs avg 3,354). Call-heavy open interest (31,287 calls vs 16,221 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 32 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Aug 215.908.50$7.2036.1%10.92--
$40.00Aug 213.806.80$5.3056.6%10.87--
$42.50Aug 71.304.40$2.85108.8%10.80--
$40.00Jul 314.205.60$4.9028.6%80.7840
$44.00Jul 310.601.35$0.9876.5%140.762
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 312.904.50$3.7043.2%111.0024
$51.00Jul 314.808.30$6.5553.4%21.00--
$48.00Aug 143.104.50$3.8036.8%110.83--
$50.00Aug 214.907.50$6.2041.9%60.83--
$48.00Aug 212.404.60$3.5062.9%10.75240

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 4.0K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.50Aug 70.502.05$1.27122.0%1.3K0.522
$45.50Aug 70.451.00$0.7375.3%5210.38--
$45.00Aug 70.551.60$1.0897.2%4700.461
$48.50Jul 310.002.15$1.08199.1%600.30130
$45.50Jul 310.001.35$0.68198.5%360.408
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 210.300.40$0.3528.6%9010.142.0K
$43.50Jul 310.000.60$0.30200.0%1700.2562
$44.00Jul 310.050.30$0.18138.9%1250.2521
$43.00Aug 70.000.75$0.38197.4%600.2543
$43.00Jul 310.000.25$0.13192.3%270.143.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 1574.0%, max 4856.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$40.00Jul 31Aug 212240.0%45.2%4856.5%940
$46.50Jul 31Aug 211328.0%33.9%3814.0%625
$42.00Jul 31Aug 211458.8%43.0%3291.9%349
$46.00Jul 31Aug 211192.3%41.4%2779.5%192.2K
$48.50Jul 31Aug 71782.2%104.9%1599.3%64169
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$47.00Jul 31Aug 211455.6%35.7%3971.8%6--
$46.00Jul 31Aug 211192.3%41.4%2779.5%1161
$43.00Jul 31Aug 21510.3%41.7%1123.4%484.0K
$48.00Jul 31Aug 21507.3%42.0%1108.8%12264
$42.50Jul 31Aug 21476.8%40.2%1086.3%4100

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 10.11, avg 2.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$48.00$50.00Aug 21$0.18$1.82$0.1810.11$48.18
$43.50$44.00Jul 31$0.10$0.40$0.104.00$43.60
$44.00$48.00Aug 14$1.17$2.83$1.172.42$45.17
$45.00$46.00Aug 21$0.33$0.67$0.332.03$45.33
$46.50$47.50Jul 31$0.35$0.65$0.351.86$46.85
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$41.50$40.50Aug 21$0.12$0.88$0.127.33$41.38
$42.50$41.50Aug 21$0.18$0.82$0.184.56$42.32
$44.00$43.00Aug 21$0.25$0.75$0.253.00$43.75
$40.50$40.00Aug 21$0.13$0.37$0.132.85$40.37
$44.50$44.00Jul 31$0.15$0.35$0.152.33$44.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 27 found (best R:R 19.00, avg 2.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$43.00$44.00Aug 7$0.85$0.85$0.155.67$43.85
$40.00$41.00Aug 21$0.83$0.83$0.174.88$40.83
$45.00$45.50Aug 7$0.35$0.35$0.152.33$45.35
$48.50$50.00Aug 7$0.92$0.92$0.581.59$49.42
$44.00$44.50Aug 7$0.28$0.28$0.221.27$44.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$51.00$48.00Jul 31$2.85$2.85$0.1519.00$48.15
$47.00$46.00Aug 7$0.90$0.90$0.109.00$46.10
$48.00$47.00Jul 31$0.87$0.87$0.136.69$47.13
$48.00$44.50Aug 14$2.85$2.85$0.654.38$45.15
$48.00$47.00Aug 21$0.75$0.75$0.253.00$47.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 18 found (avg debit $0.51, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$48.50Jul 31Aug 7$0.071782.2%104.9%
$50.00Aug 7Aug 21$0.2767.5%48.4%
$40.00Jul 31Aug 21$0.402240.0%45.2%
$47.50Jul 31Aug 7$0.431284.4%93.7%
$48.00Jul 31Aug 7$0.50507.3%68.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$48.00Jul 31Aug 14$0.10507.3%47.0%
$42.50Jul 31Aug 7$0.25476.8%42.3%
$43.00Jul 31Aug 7$0.25510.3%39.8%
$47.00Jul 31Aug 7$0.421455.6%88.2%
$44.00Jul 31Aug 7$0.57349.1%41.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 1.86% of stock, avg 7.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$44.50Jul 31$0.50$0.33$0.83$43.67$45.331.86%
$45.00Jul 31$0.45$0.53$0.98$44.02$45.982.20%
$44.00Jul 31$0.98$0.18$1.16$42.84$45.162.60%
$43.50Jul 31$1.08$0.30$1.38$42.12$44.883.10%
$45.50Jul 31$0.68$0.98$1.66$43.84$47.163.72%
$45.00Aug 7$1.08$1.13$2.21$42.79$47.214.96%
$44.00Aug 7$1.55$0.75$2.30$41.70$46.305.16%
$44.50Aug 7$1.27$1.20$2.47$42.03$46.975.54%
$43.00Aug 7$2.40$0.38$2.78$40.22$45.786.24%
$46.00Aug 7$0.48$2.35$2.83$43.17$48.836.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 76 found (cheapest 1.30% of stock, avg 3.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$45.00$43.00Jul 31$0.45$0.13$0.58$42.42$45.58
$45.00$44.00Jul 31$0.45$0.18$0.63$43.37$45.63
$45.00$43.50Jul 31$0.45$0.30$0.75$42.75$45.75
$45.00$44.50Jul 31$0.45$0.33$0.78$43.72$45.78
$45.50$43.00Jul 31$0.68$0.13$0.81$42.19$46.31
$45.50$44.00Jul 31$0.68$0.18$0.86$43.14$46.36
$45.50$43.50Jul 31$0.68$0.30$0.98$42.52$46.48
$45.50$44.50Jul 31$0.68$0.33$1.01$43.49$46.51
$45.50$42.50Aug 7$0.73$0.30$1.03$41.47$46.53
$46.50$42.50Aug 7$0.73$0.30$1.03$41.47$47.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 26 found (best R:R 10.54, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
44/4448/50Aug 7$1.37$0.1310.54$43.13$49.87
44/4445/46Aug 21$0.86$0.146.14$43.64$45.86
45/4646/48Jul 31$0.80$0.204.00$44.70$47.30
42/4344/45Aug 21$0.72$0.282.57$42.28$44.72
43/4446/46Aug 21$0.72$0.282.57$43.28$46.72
45/4648/50Aug 21$1.38$0.622.23$44.62$49.38
42/4244/45Aug 21$0.68$0.322.13$41.82$44.68
42/4246/46Aug 21$0.65$0.351.86$41.85$46.65
40/4044/45Aug 21$0.63$0.371.70$39.87$44.63
40/4244/45Aug 21$0.62$0.381.63$40.88$44.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 17 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$44.00$45.00$46.00Aug 21$0.17$0.834.88
$44.00$44.50$45.00Aug 7$0.09$0.414.56
$45.00$45.50$46.00Aug 7$0.10$0.404.00
$40.00$41.00$42.00Aug 21$0.36$0.641.78
$45.00$45.50$46.00Jul 31$0.19$0.311.63
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.50$41.50$42.50Aug 21$0.06$0.9415.67
$42.50$43.00$43.50Jul 31$0.09$0.414.56
$46.00$46.50$47.00Jul 31$0.15$0.352.33
$44.50$45.00$45.50Jul 31$0.25$0.251.00
$43.50$44.00$44.50Jul 31$0.27$0.230.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-0.85, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$49.00$51.001:2Jul 31-$0.03$1.97
$42.00$44.001:2Aug 21-$0.16$1.84
$48.00$50.001:2Aug 21-$0.32$1.68
$40.00$42.001:2Jul 31-$0.60$1.40
$46.50$47.501:2Jul 31-$0.40$0.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$51.00$48.001:2Jul 31-$0.85$2.15
$42.50$40.001:2Aug 7-$0.84$1.66
$50.00$48.001:2Aug 21-$0.80$1.20
$41.50$40.501:2Aug 21-$0.36$0.64
$42.50$41.501:2Aug 21-$0.42$0.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 2.80%, avg 1.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.00Aug 21$1.250.501.0%2.80%3.77%201.1K
$45.00Aug 28$1.200.561.0%2.69%3.66%8--
$46.00Aug 21$1.050.413.2%2.36%5.56%4--
$45.00Aug 7$0.550.461.0%1.23%2.20%4701
$45.50Aug 7$0.450.382.1%1.01%3.10%521--
$48.00Aug 21$0.400.267.7%0.90%8.59%10--
$47.00Aug 21$0.350.305.5%0.79%6.24%1--
$46.50Aug 21$0.300.344.3%0.67%5.00%11

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 3,334
Total Puts 3,078
Put/Call Ratio 0.92
Net Difference 256

Prior's Put/Call Breakdown

Total Calls 2,415
Total Puts 1,806
Put/Call Ratio 0.75
Net Difference 609

Prior 7-Day Put/Call Summary

Total Calls 13,052
Total Puts 10,430
Average Put/Call Ratio 0.93
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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