Tour v487
MGM
MGM RESORTS INTL
$44.50 -0.16%
$44.64 (+0.32%)🌙
as of 08/03 06:41 PM
8/3 18:41

Option Volume

Detail
Current (08/03) 3,306
Calls: 2,848 (86%)
Puts: 458 (14%)
Prior (07/31) 6,412
Calls: 3,334 (52%)
Puts: 3,078 (48%)
Current vs Prior -48.44%
Calls: -14.58% (Calls)
Puts: -85.12% (Puts)
Prior 7-Day Total 28,319
Calls: 15,625 (55%)
Puts: 12,694 (45%)
Prior 7-Day Average 4,045
Calls: 2,232 (55%)
Puts: 1,813 (45%)
Current vs Prior 7-Day Avg -18.28%
Calls: +27.59%
Puts: -74.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $1.00M
Calls: $922.5K (92%)
Puts: $78.3K (8%)
Prior (07/31) $836.9K
Calls: $477.1K (57%)
Puts: $359.8K (43%)
Current vs Prior +19.59%
Calls: +93.36%
Puts: -78.23%
Prior 7-Day Total $4.67M
Calls: $3.76M (81%)
Puts: $904.0K (19%)
Prior 7-Day Average $666.6K
Calls: $537.4K (81%)
Puts: $129.1K (19%)
Current vs Prior 7-Day Avg +50.15%
Calls: +71.65%
Puts: -39.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.16
Prior (07/31) 0.92
Current vs Prior -82.58%
Prior 7-Day Average 0.90
Current vs Prior 7-Day Avg -82.22%
Sentiment BULLISH

Open Interest

Detail
Current (08/03) 40,615
Calls: 36,968 (91%)
Puts: 3,647 (9%)
Prior (07/31) 47,508
Calls: 31,287 (66%)
Puts: 16,221 (34%)
Current vs Prior -14.51%
Prior 7-Day Total 510,919
Calls: 331,544 (65%)
Puts: 179,375 (35%)
Prior 7-Day Average 72,988
Calls: 47,363 (65%)
Puts: 25,625 (35%)
Current vs Prior 7-Day Avg -44.35%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.49% | 4.74%6.36% | 10.63%
Prior 5.38% | 8.19%8.75% | 11.89%
Current vs Prior -16.54% | -42.10%-27.32% | -10.61%
Prior 7-Day Avg 6.36% | 7.63%9.76% | 12.81%
Current vs 7-Day Avg -29.38% | -37.88%-34.87% | -17.03%
Prior 7-Day Eod 5.38% | 8.19%8.75% | 11.89%
Current vs 7-Day Eod -16.54% | -42.10%-27.32% | -10.61%
Sentiment BULLISHBULLISH

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 56.70% | 87.21%
Calls: 49.50% | 69.23%
Puts: 45.83% | 105.18%
Current vs 7-Day Avg +55.21% | +76.61%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 92% of dollar volume in calls ($922.5K) vs puts ($78.3K). Dollar volume significantly above 7-day average (50% higher). Below-average activity with volume down 48% vs prior. Extreme bullish P/C ratio of 0.16 - heavy call buying (2,848 calls vs 458 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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. 17 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Aug 74.908.50$6.7053.7%40.90--
$39.00Aug 74.207.40$5.8055.2%20.89--
$37.00Aug 75.909.40$7.6545.8%20.89--
$43.00Aug 70.953.00$1.98103.5%10.83--
$43.50Aug 70.702.75$1.73118.5%10.75--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Aug 70.704.30$2.50144.0%11.00--
$48.00Aug 212.954.40$3.6839.4%140.78--
$47.00Aug 140.904.60$2.75134.5%10.78--
$46.00Aug 212.052.65$2.3525.5%40.64--
$45.50Aug 210.852.25$1.5590.3%20.59--

Most actively traded options today. High liquidity = easy entry/exit. 46 active (total vol 1.5K, top 783)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 70.250.70$0.4893.7%7830.53464
$45.50Aug 70.251.00$0.63119.0%2250.43521
$44.50Aug 70.452.15$1.30130.8%740.621.3K
$50.00Aug 210.050.90$0.48177.1%290.182.4K
$48.00Aug 210.150.85$0.50140.0%280.22190
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.50Aug 70.300.55$0.4358.1%1230.273
$44.00Aug 210.901.50$1.2050.0%210.42338
$43.00Aug 70.050.45$0.25160.0%150.1950
$48.00Aug 212.954.40$3.6839.4%140.78--
$42.00Aug 70.150.35$0.2580.0%130.1515

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 58.0%, max 134.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$45.00Aug 7Aug 2864.5%27.5%134.7%784472
$44.00Aug 7Sep 472.3%32.9%119.8%33
$44.50Aug 7Aug 1450.2%33.3%50.6%751.3K
$45.50Aug 7Aug 1443.7%39.3%11.0%231521
$48.00Aug 21Sep 441.5%38.5%7.9%29190
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.00Aug 7Aug 2167.5%38.1%77.0%23338
$40.00Aug 7Aug 1484.9%54.9%54.7%76
$41.50Aug 7Aug 1475.2%49.0%53.5%8--
$44.00Aug 21Sep 437.2%32.9%13.2%22338

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 17 found (best R:R 14.00, avg 3.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$46.00$47.00Aug 14$0.15$0.85$0.155.67$46.15
$46.00$46.50Aug 7$0.12$0.38$0.123.17$46.12
$44.50$45.50Aug 14$0.30$0.70$0.302.33$44.80
$45.00$46.00Aug 21$0.30$0.70$0.302.33$45.30
$46.00$47.00Aug 21$0.35$0.65$0.351.86$46.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$41.50$40.00Aug 7$0.10$1.40$0.1014.00$41.40
$41.50$40.00Aug 14$0.15$1.35$0.159.00$41.35
$45.50$44.00Aug 21$0.35$1.15$0.353.29$45.15
$44.50$43.50Aug 7$0.27$0.73$0.272.70$44.23
$44.00$42.00Aug 21$0.67$1.33$0.671.99$43.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 21.22, avg 1.88)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$39.00$43.00Aug 7$3.82$3.82$0.1821.22$42.82
$45.50$46.00Aug 7$0.33$0.33$0.171.94$45.83
$45.50$46.00Aug 14$0.28$0.28$0.221.27$45.78
$43.00$43.50Aug 7$0.25$0.25$0.251.00$43.25
$46.00$47.00Aug 21$0.35$0.35$0.650.54$46.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$48.00$46.00Aug 21$1.33$1.33$0.671.99$46.67
$47.00$45.00Aug 7$1.30$1.30$0.701.86$45.70
$47.00$41.50Aug 14$2.35$2.35$3.150.75$44.65
$43.50$43.00Aug 7$0.18$0.18$0.320.56$43.32
$44.00$42.00Aug 21$0.67$0.67$1.330.50$43.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.32, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$48.00Aug 21Sep 4$0.1541.5%38.5%
$45.50Aug 7Aug 14$0.2043.7%39.3%
$46.00Aug 7Aug 14$0.2535.1%35.6%
$47.00Aug 7Aug 14$0.3034.6%39.6%
$44.00Aug 7Sep 4$0.5572.3%32.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Aug 7Aug 14$0.1084.9%54.9%
$41.50Aug 7Aug 14$0.1575.2%49.0%
$47.00Aug 7Aug 14$0.2534.6%39.6%
$42.00Aug 7Aug 21$0.2867.5%38.1%
$44.00Aug 21Sep 4$0.5537.2%32.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 3.78% of stock, avg 6.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 7$0.48$1.20$1.68$43.32$46.683.78%
$44.50Aug 7$1.30$0.70$2.00$42.50$46.504.49%
$43.50Aug 7$1.73$0.43$2.16$41.34$45.664.85%
$43.00Aug 7$1.98$0.25$2.23$40.77$45.235.01%
$47.00Aug 7$0.10$2.50$2.60$44.40$49.605.84%
$47.00Aug 14$0.40$2.75$3.15$43.85$50.157.08%
$46.00Aug 21$0.90$2.35$3.25$42.75$49.257.30%
$44.00Sep 4$1.80$1.75$3.55$40.45$47.557.98%
$48.00Aug 21$0.50$3.68$4.18$43.82$52.189.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 52 found (cheapest 0.79% of stock, avg 2.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.00$43.00Aug 7$0.10$0.25$0.35$42.65$47.35
$47.00$42.00Aug 7$0.10$0.25$0.35$41.65$47.35
$47.00$41.50Aug 7$0.10$0.25$0.35$41.15$47.35
$48.50$43.00Aug 7$0.15$0.25$0.40$42.60$48.90
$48.50$42.00Aug 7$0.15$0.25$0.40$41.60$48.90
$48.50$41.50Aug 7$0.15$0.25$0.40$41.10$48.90
$46.50$43.00Aug 7$0.18$0.25$0.43$42.57$46.93
$46.50$42.00Aug 7$0.18$0.25$0.43$41.57$46.93
$46.50$41.50Aug 7$0.18$0.25$0.43$41.07$46.93
$47.00$43.50Aug 7$0.10$0.43$0.53$42.97$47.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 1.59, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
40/4244/45Aug 7$0.92$0.581.59$40.58$45.42
43/4446/46Aug 7$0.30$0.201.50$43.20$46.30
44/4446/46Aug 7$0.60$0.401.50$43.90$46.10
42/4446/47Aug 21$1.02$0.981.04$42.98$47.02
42/4445/46Aug 21$0.97$1.030.94$43.03$45.97
44/4646/47Aug 21$0.70$0.800.88$44.80$46.70
44/4446/46Aug 7$0.39$0.610.64$44.11$46.39
40/4244/44Aug 7$0.58$0.920.63$40.92$44.08
40/4244/46Aug 14$0.45$1.050.43$41.05$44.95
40/4246/46Aug 7$0.43$1.070.40$41.07$45.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 2 found (best R:R 2.33, cheapest $0.21)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$46.00$47.00$48.00Aug 21$0.30$0.702.33
$45.50$46.00$46.50Aug 7$0.21$0.291.38
PUTS (0)
No puts found

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 26 found (best net $-0.46, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$48.00$50.001:2Aug 21-$0.46$1.54
$44.00$47.001:2Sep 4-$1.66$1.34
$47.00$48.501:2Aug 7-$0.20$1.30
$46.00$47.001:2Aug 21-$0.20$0.80
$46.00$47.001:2Aug 14-$0.25$0.75
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$41.50$40.001:2Aug 7-$0.05$1.45
$41.50$40.001:2Aug 14-$0.10$1.40
$48.00$46.001:2Aug 21-$1.02$0.98
$44.50$43.501:2Aug 7-$0.16$0.84
$43.00$42.001:2Aug 7-$0.25$0.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 2.47%, avg 1.04%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.00Aug 28$1.100.541.1%2.47%3.60%18
$45.00Aug 21$1.000.471.1%2.25%3.37%51.2K
$44.50Aug 14$0.850.530.0%1.91%1.91%1--
$46.00Aug 21$0.700.373.4%1.57%4.94%4713
$45.50Aug 14$0.450.402.2%1.01%3.26%6--
$47.00Aug 21$0.400.275.6%0.90%6.52%1164
$45.00Aug 7$0.250.531.1%0.56%1.69%783464
$45.50Aug 7$0.250.432.2%0.56%2.81%225521
$46.00Aug 7$0.150.303.4%0.34%3.71%2416
$48.00Aug 21$0.150.227.9%0.34%8.20%28190

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 2,848
Total Puts 458
Put/Call Ratio 0.16
Net Difference 2,390

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 15,625
Total Puts 12,694
Average Put/Call Ratio 0.90
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All