Tour v490
MGM
MGM RESORTS INTL
$45.72 +2.74%
$45.22 (-1.09%)🌙
as of 08/04 06:56 PM
8/4 18:56

Option Volume

Detail
Current (08/04) 6,436
Calls: 3,139 (49%)
Puts: 3,297 (51%)
Prior (08/03) 3,306
Calls: 2,848 (86%)
Puts: 458 (14%)
Current vs Prior +94.68%
Calls: +10.22% (Calls)
Puts: +619.87% (Puts)
Prior 7-Day Total 29,491
Calls: 16,635 (56%)
Puts: 12,856 (44%)
Prior 7-Day Average 4,213
Calls: 2,376 (56%)
Puts: 1,836 (44%)
Current vs Prior 7-Day Avg +52.77%
Calls: +32.09%
Puts: +79.52%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/04) $1.05M
Calls: $578.1K (55%)
Puts: $476.3K (45%)
Prior (08/03) $1.00M
Calls: $922.5K (92%)
Puts: $78.3K (8%)
Current vs Prior +5.35%
Calls: -37.33%
Puts: +507.97%
Prior 7-Day Total $5.28M
Calls: $4.32M (82%)
Puts: $956.9K (18%)
Prior 7-Day Average $753.7K
Calls: $617.0K (82%)
Puts: $136.7K (18%)
Current vs Prior 7-Day Avg +39.90%
Calls: -6.30%
Puts: +248.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 1.05
Prior (08/03) 0.16
Current vs Prior +553.13%
Prior 7-Day Average 0.90
Current vs Prior 7-Day Avg +16.16%
Sentiment BEARISH

Open Interest

Detail
Current (08/04) 45,362
Calls: 35,614 (79%)
Puts: 9,748 (21%)
Prior (08/03) 40,615
Calls: 36,968 (91%)
Puts: 3,647 (9%)
Current vs Prior +11.69%
Prior 7-Day Total 538,200
Calls: 358,203 (67%)
Puts: 179,997 (33%)
Prior 7-Day Average 76,885
Calls: 51,171 (67%)
Puts: 25,713 (33%)
Current vs Prior 7-Day Avg -41.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.17% | 7.22%6.56% | 10.54%
Prior 4.49% | 4.74%6.36% | 10.63%
Current vs Prior -29.43% | +52.22%+3.18% | -0.82%
Prior 7-Day Avg 6.30% | 7.41%9.08% | 12.49%
Current vs 7-Day Avg -49.64% | -2.61%-27.70% | -15.58%
Prior 7-Day Eod 4.49% | 4.74%6.36% | 10.63%
Current vs 7-Day Eod -29.43% | +52.22%+3.18% | -0.82%
Sentiment BULLISHBEARISH

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 66.39% | 106.34%
Calls: 58.89% | 82.37%
Puts: 55.06% | 130.30%
Current vs 7-Day Avg +32.55% | +44.84%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Above-average activity with volume up 95% vs prior. Slightly bearish P/C ratio of 1.05. P/C ratio rising 553% - increased hedging/bearish positioning. Call-heavy open interest (35,614 calls vs 9,748 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
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 BULLISH
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. 27 found (avg delta 0.74, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$41.50Aug 73.404.60$4.0030.0%30.945
$42.50Aug 71.753.70$2.7371.4%10.901
$37.00Aug 76.909.10$8.0027.5%10.89--
$37.50Aug 76.608.60$7.6026.3%20.88--
$38.50Aug 76.407.60$7.0017.1%30.87--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Aug 73.607.40$5.5069.1%10.84--
$52.00Aug 74.508.40$6.4560.5%10.75--
$47.00Sep 182.303.10$2.7029.6%20.58--
$46.00Aug 211.301.80$1.5532.3%7940.5359
$46.00Sep 181.902.55$2.2229.3%7940.5111

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 5.8K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.50Aug 71.052.05$1.5564.5%1.3K0.771.3K
$46.00Aug 211.101.30$1.2016.7%5280.47715
$44.00Aug 212.002.85$2.4235.1%1250.681.4K
$48.00Aug 70.001.05$0.53198.1%1130.26156
$45.00Aug 211.402.00$1.7035.3%1090.581.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.00Aug 280.701.45$1.0869.4%1.2K0.33--
$46.00Aug 211.301.80$1.5532.3%7940.5359
$46.00Sep 181.902.55$2.2229.3%7940.5111
$43.50Aug 70.000.80$0.40200.0%590.23103
$42.50Aug 70.000.40$0.20200.0%570.132

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 109.9%, max 296.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$48.50Aug 7Aug 21131.5%33.2%296.3%2325
$42.00Aug 7Aug 21162.1%41.0%295.1%2--
$47.00Aug 7Sep 18116.8%33.5%248.2%144.7K
$48.00Aug 7Sep 1886.3%29.0%197.9%116156
$46.00Aug 7Aug 2170.4%35.9%95.9%548751
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$41.00Aug 7Aug 21179.5%45.3%296.7%42
$44.00Aug 7Sep 18118.1%32.1%268.1%40405
$43.00Aug 7Sep 1879.2%32.9%140.9%251.4K
$41.50Aug 7Aug 2180.8%43.8%84.4%24
$42.50Aug 7Aug 2171.0%39.0%82.0%605

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 9.00, avg 2.32)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$49.00$50.00Aug 21$0.10$0.90$0.109.00$49.10
$48.50$51.00Aug 7$0.64$1.86$0.642.91$49.14
$46.50$48.00Aug 21$0.42$1.08$0.422.57$46.92
$38.00$38.50Aug 7$0.15$0.35$0.152.33$38.15
$49.00$50.00Sep 18$0.38$0.62$0.381.63$49.38
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$43.00$42.00Sep 18$0.14$0.86$0.146.14$42.86
$45.00$44.00Sep 18$0.15$0.85$0.155.67$44.85
$40.50$40.00Aug 21$0.10$0.40$0.104.00$40.40
$43.00$42.50Aug 21$0.10$0.40$0.104.00$42.90
$42.00$40.00Sep 18$0.43$1.57$0.433.65$41.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 35 found (best R:R 4.71, avg 1.24)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$45.00$45.50Aug 7$0.38$0.38$0.123.17$45.38
$44.50$45.00Aug 7$0.37$0.37$0.132.85$44.87
$44.00$44.50Aug 21$0.37$0.37$0.132.85$44.37
$44.50$45.00Aug 21$0.35$0.35$0.152.33$44.85
$46.00$46.50Aug 21$0.35$0.35$0.152.33$46.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$51.00$45.00Aug 7$4.95$4.95$1.054.71$46.05
$46.00$45.00Sep 18$0.72$0.72$0.282.57$45.28
$45.00$44.50Aug 7$0.25$0.25$0.251.00$44.75
$47.00$46.00Sep 18$0.48$0.48$0.520.92$46.52
$46.00$45.50Aug 21$0.22$0.22$0.280.79$45.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $0.35, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$42.00Aug 7Aug 21$0.20162.1%41.0%
$49.00Aug 21Aug 28$0.2233.4%33.5%
$47.50Aug 7Aug 14$0.2546.2%42.7%
$46.00Aug 7Aug 21$0.2770.4%35.9%
$50.00Aug 21Sep 18$0.2734.4%28.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$43.00Aug 7Aug 21$0.1579.2%38.4%
$41.50Aug 7Aug 21$0.2080.8%43.8%
$42.50Aug 7Aug 21$0.2371.0%39.0%
$40.00Aug 21Sep 18$0.3043.5%36.5%
$42.00Aug 21Sep 18$0.5041.0%35.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 3.78% of stock, avg 8.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 7$1.18$0.55$1.73$43.27$46.733.78%
$44.50Aug 7$1.55$0.30$1.85$42.65$46.354.05%
$46.00Aug 21$1.20$1.55$2.75$43.25$48.756.01%
$45.00Aug 21$1.70$1.15$2.85$42.15$47.856.23%
$42.50Aug 7$2.73$0.20$2.93$39.57$45.436.41%
$44.00Aug 21$2.42$0.85$3.27$40.73$47.277.15%
$43.00Aug 21$3.08$0.53$3.61$39.39$46.617.90%
$45.00Sep 18$2.60$1.50$4.10$40.90$49.108.97%
$42.00Aug 21$3.75$0.38$4.13$37.87$46.139.03%
$41.50Aug 7$4.00$0.15$4.15$37.35$45.659.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 74 found (cheapest 1.16% of stock, avg 3.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.00$37.50Aug 14$0.40$0.13$0.53$36.97$47.53
$47.50$37.50Aug 14$0.40$0.13$0.53$36.97$48.03
$46.50$44.50Aug 7$0.38$0.30$0.68$43.82$47.18
$49.00$42.50Aug 21$0.28$0.43$0.71$41.79$49.71
$46.50$43.50Aug 7$0.38$0.40$0.78$42.72$47.28
$48.50$42.50Aug 21$0.35$0.43$0.78$41.72$49.28
$49.00$43.00Aug 21$0.28$0.53$0.81$42.19$49.81
$48.00$44.50Aug 7$0.53$0.30$0.83$43.67$48.83
$48.00$42.50Aug 21$0.43$0.43$0.86$41.64$48.86
$48.50$43.00Aug 21$0.35$0.53$0.88$42.12$49.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 32 found (best R:R 6.14, avg credit $0.70)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
46/4749/50Sep 18$0.86$0.146.14$46.14$49.86
43/4445/46Aug 21$0.82$0.184.56$43.18$45.82
40/4042/43Aug 21$0.77$0.233.35$39.73$42.77
40/4245/47Sep 18$1.53$0.473.26$40.47$46.53
40/4043/44Aug 21$0.76$0.243.17$39.74$43.76
44/4547/48Sep 18$0.75$0.253.00$44.25$47.75
42/4347/48Sep 18$0.74$0.262.85$42.26$47.74
43/4445/47Sep 18$1.43$0.572.51$42.57$46.43
43/4449/50Sep 18$0.71$0.292.45$43.29$49.71
43/4444/45Aug 21$0.67$0.332.03$43.33$45.17

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$41.00$41.50$42.00Aug 7$0.10$0.404.00
$47.50$48.00$48.50Aug 7$0.11$0.393.55
$47.00$48.00$49.00Sep 18$0.53$0.470.89
$37.50$38.00$38.50Aug 7$0.30$0.200.67
$38.50$39.00$39.50Aug 7$0.30$0.200.67
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$42.00$42.50$43.00Aug 21$0.05$0.459.00
$42.00$43.00$44.00Sep 18$0.19$0.814.26
$44.00$45.00$46.00Sep 18$0.57$0.430.75

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 32 found (best net $-0.41, 27 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.50$44.501:2Aug 7-$0.37$1.63
$45.00$47.001:2Sep 18-$0.40$1.60
$46.50$48.001:2Aug 21-$0.01$1.49
$49.00$50.001:2Sep 18-$0.07$0.93
$49.00$50.001:2Aug 21-$0.08$0.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.001:2Aug 21-$0.41$2.59
$42.00$40.001:2Sep 18-$0.02$1.98
$42.50$41.501:2Aug 7-$0.10$0.90
$44.00$43.001:2Aug 21-$0.21$0.79
$45.00$44.001:2Aug 21-$0.55$0.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 2.52%, avg 0.93%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.00Sep 18$1.150.412.8%2.52%5.31%34.7K
$46.00Aug 21$1.100.470.6%2.41%3.02%528715
$49.00Sep 18$0.650.277.2%1.42%8.60%1109
$46.50Aug 21$0.550.401.7%1.20%2.91%111
$47.00Aug 28$0.400.442.8%0.87%3.67%135
$48.00Sep 18$0.400.325.0%0.87%5.86%3--
$46.00Aug 7$0.350.450.6%0.77%1.38%2036
$47.50Aug 14$0.200.233.9%0.44%4.33%27--
$48.00Aug 21$0.200.245.0%0.44%5.42%12169
$48.50Aug 21$0.150.206.1%0.33%6.41%1--

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 3,139
Total Puts 3,297
Put/Call Ratio 1.05
Net Difference -158

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 16,635
Total Puts 12,856
Average Put/Call Ratio 0.90
Ratio Trend Rising

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