Tour v492
MGM
MGM RESORTS INTL
$44.70 +0.43%
8/6 18:56

Option Volume

Detail
Current (08/06) 3,325
Calls: 2,512 (76%)
Puts: 813 (24%)
Prior (08/05) 3,475
Calls: 2,090 (60%)
Puts: 1,385 (40%)
Current vs Prior -4.32%
Calls: +20.19% (Calls)
Puts: -41.30% (Puts)
Prior 7-Day Total 28,723
Calls: 16,331 (57%)
Puts: 12,392 (43%)
Prior 7-Day Average 4,103
Calls: 2,333 (57%)
Puts: 1,770 (43%)
Current vs Prior 7-Day Avg -18.97%
Calls: +7.67%
Puts: -54.08%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $422.2K
Calls: $320.1K (76%)
Puts: $102.1K (24%)
Prior (08/05) $441.3K
Calls: $282.2K (64%)
Puts: $159.1K (36%)
Current vs Prior -4.32%
Calls: +13.42%
Puts: -35.81%
Prior 7-Day Total $4.61M
Calls: $3.29M (71%)
Puts: $1.32M (29%)
Prior 7-Day Average $658.2K
Calls: $469.8K (71%)
Puts: $188.4K (29%)
Current vs Prior 7-Day Avg -35.85%
Calls: -31.86%
Puts: -45.80%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.32
Prior (08/05) 0.66
Current vs Prior -51.16%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -58.12%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 65,857
Calls: 52,231 (79%)
Puts: 13,626 (21%)
Prior (08/05) 25,380
Calls: 20,493 (81%)
Puts: 4,887 (19%)
Current vs Prior +159.48%
Prior 7-Day Total 563,230
Calls: 382,200 (68%)
Puts: 181,030 (32%)
Prior 7-Day Average 80,461
Calls: 54,600 (68%)
Puts: 25,861 (32%)
Current vs Prior 7-Day Avg -18.15%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.60% | 4.21%5.30% | 9.51%
Prior 2.99% | 5.91%6.92% | 9.80%
Current vs Prior -13.15% | -28.82%-23.38% | -2.94%
Prior 7-Day Avg 5.06% | 6.92%8.41% | 11.72%
Current vs 7-Day Avg -48.71% | -39.22%-36.99% | -18.86%
Prior 7-Day Eod 2.99% | 5.91%6.92% | 9.80%
Current vs 7-Day Eod -13.15% | -28.82%-23.38% | -2.94%
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 85.77% | 144.60%
Calls: 77.69% | 108.65%
Puts: 128.95% | 180.54%
Current vs 7-Day Avg +2.60% | +6.52%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($320.1K) vs puts ($102.1K). Extreme bullish P/C ratio of 0.32 - heavy call buying (2,512 calls vs 813 puts). P/C ratio dropping 51% - sentiment shifting bullish. Call-heavy open interest (52,231 calls vs 13,626 puts) suggests bullish positioning.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 1 of results (avg 9.5%, best 9.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Sep 185.005.50$5.259.5%530.865.5K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.98, cheapest $0.98)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Sep 180.901.05$0.9815.3%430.334.8K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 19 found (avg delta 0.71, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.50Aug 74.706.10$5.4025.9%30.953
$40.00Sep 185.005.50$5.259.5%530.865.5K
$41.00Aug 73.304.30$3.8026.3%50.858
$38.50Aug 75.607.20$6.4025.0%30.823
$42.00Aug 72.403.40$2.9034.5%50.791
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.00Aug 73.606.00$4.8050.0%10.941
$47.00Aug 212.103.00$2.5535.3%100.8294
$50.00Aug 73.407.30$5.3572.9%10.75--
$49.50Aug 74.006.80$5.4051.9%20.74--
$45.00Aug 70.000.65$0.33197.0%200.7388

Most actively traded options today. High liquidity = easy entry/exit. 60 active (total vol 2.5K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Sep 180.701.40$1.0566.7%1.4K0.38366
$45.00Aug 70.000.45$0.23195.7%1230.581.1K
$45.50Aug 70.000.40$0.20200.0%580.34815
$40.00Sep 185.005.50$5.259.5%530.865.5K
$47.00Sep 180.901.05$0.9815.3%430.334.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.50Aug 70.000.15$0.08187.5%2040.12149
$44.50Aug 210.651.10$0.8851.1%1480.4411
$45.00Sep 181.852.35$2.1023.8%400.511.0K
$45.00Aug 70.000.65$0.33197.0%200.7388
$42.50Aug 70.001.10$0.55200.0%190.2359

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 264.8%, max 555.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.00Aug 7Sep 18190.9%29.1%555.9%61.8K
$47.00Aug 7Sep 18202.4%31.6%540.7%444.8K
$46.00Aug 7Sep 18110.1%27.3%302.6%1.4K417
$46.50Aug 7Aug 14144.7%57.4%152.3%52--
$47.50Aug 7Aug 14134.3%82.4%63.1%33--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.00Aug 7Sep 18190.9%29.1%555.9%3--
$47.00Aug 7Sep 18202.4%31.6%540.7%4--
$43.00Aug 7Sep 18156.6%28.8%443.3%121.3K
$42.50Aug 7Aug 14172.3%42.0%310.2%2959
$44.00Aug 7Aug 2162.5%35.5%75.8%35338

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 17 found (best R:R 12.33, avg 3.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$46.00$48.00Aug 21$0.15$1.85$0.1512.33$46.15
$48.00$49.00Sep 18$0.20$0.80$0.204.00$48.20
$45.00$46.00Aug 21$0.37$0.63$0.371.70$45.37
$47.00$48.00Sep 18$0.38$0.62$0.381.63$47.38
$45.00$45.50Aug 14$0.20$0.30$0.201.50$45.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.00$39.00Sep 18$0.27$2.73$0.2710.11$41.73
$44.00$42.50Aug 14$0.20$1.30$0.206.50$43.80
$40.50$38.00Aug 7$0.50$2.00$0.504.00$40.00
$45.00$44.50Aug 7$0.13$0.37$0.132.85$44.87
$41.50$41.00Aug 7$0.15$0.35$0.152.33$41.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 9.00, avg 1.92)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$41.00$42.00Aug 7$0.90$0.90$0.109.00$41.90
$42.00$45.00Aug 7$2.67$2.67$0.338.09$44.67
$40.00$42.00Sep 18$1.55$1.55$0.453.44$41.55
$42.00$44.00Sep 18$1.55$1.55$0.453.44$43.55
$44.00$46.00Sep 18$1.10$1.10$0.901.22$45.10
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$47.00$45.00Aug 7$1.77$1.77$0.237.70$45.23
$47.00$45.00Aug 21$1.45$1.45$0.552.64$45.55
$45.00$43.00Sep 18$1.02$1.02$0.981.04$43.98
$45.00$44.50Aug 14$0.25$0.25$0.251.00$44.75
$47.00$45.00Sep 18$0.95$0.95$1.050.90$46.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $0.40, cheapest $0.12)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$48.00Aug 21Sep 18$0.1242.2%29.2%
$46.50Aug 7Aug 14$0.13144.7%57.4%
$45.50Aug 7Aug 14$0.2339.5%25.5%
$45.00Aug 7Aug 14$0.4031.3%25.3%
$46.00Aug 7Aug 14$0.77110.1%70.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$42.00Aug 7Sep 18$0.20190.9%29.1%
$44.50Aug 7Aug 14$0.2046.6%22.0%
$44.00Aug 7Aug 14$0.3062.5%32.7%
$45.00Aug 7Aug 14$0.3231.3%25.3%
$47.00Aug 7Aug 21$0.45202.4%27.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 1.25% of stock, avg 6.50%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 7$0.23$0.33$0.56$44.44$45.561.25%
$45.00Aug 14$0.63$0.65$1.28$43.72$46.282.86%
$45.00Aug 21$1.00$1.10$2.10$42.90$47.104.70%
$47.00Aug 7$1.08$2.10$3.18$43.82$50.187.11%
$42.00Aug 7$2.90$0.55$3.45$38.55$45.457.72%
$47.00Sep 18$0.98$3.05$4.03$42.97$51.039.02%
$41.00Aug 7$3.80$0.40$4.20$36.80$45.209.40%
$42.00Sep 18$3.70$0.75$4.45$37.55$46.459.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 66 found (cheapest 0.85% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$45.50$44.00Aug 7$0.20$0.18$0.38$43.62$45.88
$45.50$44.50Aug 7$0.20$0.20$0.40$44.10$45.90
$47.50$44.00Aug 7$0.40$0.18$0.58$43.42$48.08
$47.50$44.50Aug 7$0.40$0.20$0.60$43.90$48.10
$45.50$42.50Aug 14$0.43$0.28$0.71$41.79$46.21
$45.50$42.50Aug 7$0.20$0.55$0.75$41.75$46.25
$45.50$42.00Aug 7$0.20$0.55$0.75$41.25$46.25
$45.50$43.00Aug 7$0.20$0.57$0.77$42.23$46.27
$46.00$44.00Aug 7$0.63$0.18$0.81$43.19$46.81
$46.00$44.50Aug 7$0.63$0.20$0.83$43.67$46.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 15.67, avg credit $1.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
41/4242/45Aug 7$2.82$0.1815.67$38.68$44.82
42/4344/46Sep 18$1.43$0.572.51$41.57$45.43
42/4347/48Sep 18$0.71$0.292.45$42.29$47.71
43/4547/48Sep 18$1.40$0.602.33$43.60$48.40
43/4548/49Sep 18$1.22$0.781.56$43.78$49.22
44/4548/50Aug 14$1.15$0.851.35$43.85$48.65
45/4748/49Sep 18$1.15$0.851.35$45.85$49.15
38/4041/42Aug 7$1.40$1.101.27$39.10$42.40
42/4448/50Aug 14$1.10$0.901.22$42.90$48.60
42/4348/49Sep 18$0.53$0.471.13$42.47$48.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 4.56, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$47.00$48.00$49.00Sep 18$0.18$0.824.56
$42.00$44.00$46.00Sep 18$0.45$1.553.44
$48.00$49.00$50.00Sep 18$0.37$0.631.70
$46.00$46.50$47.00Aug 7$0.21$0.291.38
$45.00$45.50$46.00Aug 7$0.46$0.040.09
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$44.00$44.50$45.00Aug 7$0.11$0.393.55
$45.00$47.00$49.00Aug 7$0.93$1.071.15
$44.00$44.50$45.00Aug 21$0.24$0.261.08
$40.50$41.00$41.50Aug 7$0.30$0.200.67
$44.00$44.50$45.00Aug 14$0.33$0.170.52

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-0.21, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$46.00$48.001:2Aug 21-$0.33$1.67
$42.00$44.001:2Sep 18-$0.60$1.40
$48.00$49.001:2Sep 18-$0.20$0.80
$47.00$48.001:2Sep 18-$0.22$0.78
$45.00$46.001:2Aug 21-$0.26$0.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.00$39.001:2Sep 18-$0.21$2.79
$38.00$36.001:2Aug 7-$0.05$1.95
$45.00$43.001:2Sep 18-$0.06$1.94
$42.50$40.001:2Aug 14-$0.62$1.88
$44.00$42.501:2Aug 14-$0.08$1.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 2.01%, avg 1.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.00Sep 18$0.900.335.2%2.01%7.16%434.8K
$45.00Aug 21$0.800.490.7%1.79%2.46%131.2K
$46.00Aug 28$0.750.392.9%1.68%4.59%10--
$46.00Sep 4$0.750.422.9%1.68%4.59%3--
$46.00Sep 18$0.700.382.9%1.57%4.47%1.4K366
$46.00Aug 21$0.550.352.9%1.23%4.14%201.0K
$48.00Sep 18$0.450.247.4%1.01%8.39%91.2K
$45.00Aug 14$0.400.490.7%0.89%1.57%3--
$45.50Aug 14$0.250.371.8%0.56%2.35%136
$50.00Sep 18$0.250.2011.9%0.56%12.42%41.3K

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 2,512
Total Puts 813
Put/Call Ratio 0.32
Net Difference 1,699

Prior's Put/Call Breakdown

Total Calls 2,090
Total Puts 1,385
Put/Call Ratio 0.66
Net Difference 705

Prior 7-Day Put/Call Summary

Total Calls 16,331
Total Puts 12,392
Average Put/Call Ratio 0.77
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