Tour v452
MGM
MGM RESORTS INTL
$46.26 -0.09%
7/28 14:06

Option Volume

Detail
Current (07/28 2:05pm) 2,746
Calls: 1,286 (47%)
Puts: 1,460 (53%)
Prior (04/29) 8,305
Calls: 6,251 (75%)
Puts: 2,054 (25%)
Current vs Prior -66.94%
Calls: -79.43% (Calls)
Puts: -28.92% (Puts)
Prior 7-Day Total 12,851
Calls: 10,149 (79%)
Puts: 2,702 (21%)
Prior 7-Day Average 6,425
Calls: 1,449 (79%)
Puts: 386 (21%)
Current vs Prior 7-Day Avg -57.26%
Calls: -11.30%
Puts: +278.24%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28 2:05pm) $648.3K
Calls: $568.8K (88%)
Puts: $79.5K (12%)
Prior (04/29) $2.66M
Calls: $2.50M (94%)
Puts: $157.8K (6%)
Current vs Prior -75.63%
Calls: -77.26%
Puts: -49.65%
Prior 7-Day Total $4.87M
Calls: $4.65M (96%)
Puts: $217.0K (4%)
Prior 7-Day Average $2.43M
Calls: $664.2K (96%)
Puts: $31.0K (4%)
Current vs Prior 7-Day Avg -73.36%
Calls: -14.36%
Puts: +156.35%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28 2:05pm) 1.14
Prior (04/29) 0.33
Current vs Prior +245.51%
Prior 7-Day Average 0.25
Current vs Prior 7-Day Avg +358.89%
Sentiment BEARISH

Open Interest

Detail
Current (07/28 2:05pm) 190,332
Calls: 120,995 (64%)
Puts: 69,337 (36%)
Prior (04/29) 171,274
Calls: 96,567 (56%)
Puts: 74,707 (44%)
Current vs Prior +11.13%
Prior 7-Day Total 335,556
Calls: 190,618 (57%)
Puts: 144,938 (43%)
Prior 7-Day Average 167,778
Calls: 95,309 (57%)
Puts: 72,469 (43%)
Current vs Prior 7-Day Avg +13.44%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 8.56% | 11.13%8.69% | 14.05%
Prior 6.97% | 8.20%-- | --
Current vs Prior +22.81% | +35.73%-- | --
Prior 7-Day Avg 6.92% | 8.16%-- | --
Current vs 7-Day Avg +23.75% | +36.40%-- | --
Prior 7-Day Eod 6.97% | 8.20%-- | --
Current vs 7-Day Eod +22.81% | +35.73%-- | --
Sentiment BEARISH--

Relative Spread

Detail
Expiry | Next
Current 72.38% | 88.06%
Calls: 15.82% | 79.83%
Puts: 128.95% | 96.30%
Prior 12.33% | 16.61%
Calls: 10.87% | 21.47%
Puts: 13.79% | 11.76%
Current vs Prior +487.02% | +430.16%
Prior 7-Day Avg 12.33% | 16.61%
Calls: 10.87% | 21.47%
Puts: 13.79% | 11.76%
Current vs 7-Day Avg +487.02% | +430.16%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($568.8K) vs puts ($79.5K). Light premium activity with dollar volume down 76% vs prior. Below-average activity with volume down 67% vs prior. Slightly bearish P/C ratio of 1.14.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
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. 40 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Jul 317.409.20$8.3021.7%11.004
$39.00Jul 316.508.20$7.3523.1%11.003
$40.00Jul 316.007.90$6.9527.3%31.0041
$40.50Jul 315.206.60$5.9023.7%--1.0059
$41.00Jul 315.006.20$5.6021.4%11.0046
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 216.8010.90$8.8546.3%--0.8618
$51.00Jul 313.007.00$5.0080.0%10.791
$50.00Aug 212.806.30$4.5576.9%--0.75140
$49.00Aug 213.105.60$4.3557.5%--0.7290
$51.00Aug 73.307.20$5.2574.3%10.711

Most actively traded options today. High liquidity = easy entry/exit. 43 active (total vol 1.6K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Jul 310.801.20$1.0040.0%2010.38336
$47.00Aug 70.701.70$1.2083.3%160.4041
$47.50Jul 310.501.95$1.23117.9%110.3714
$49.50Jul 310.050.45$0.25160.0%100.143
$45.00Jul 311.752.70$2.2342.6%70.6012
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Jul 310.300.60$0.4566.7%1.2K0.222.4K
$43.50Jul 310.151.05$0.60150.0%500.279
$42.00Jul 310.151.35$0.75160.0%160.2328
$40.00Jul 310.050.25$0.15133.3%110.0822
$42.50Jul 310.200.55$0.3892.1%80.183

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 27 strikes (avg 129.2%, max 294.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$55.00Jul 31Aug 21232.8%59.0%294.6%--133
$49.00Jul 31Aug 21130.3%37.8%244.7%--227
$47.00Jul 31Aug 2197.6%32.7%198.9%201500
$48.50Jul 31Aug 2196.0%35.8%167.8%--197
$50.00Jul 31Aug 21115.5%43.7%164.1%32.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 31Aug 21130.3%37.8%244.7%191
$47.00Jul 31Aug 2197.6%32.7%198.9%--113
$46.00Jul 31Aug 21108.2%42.8%152.7%484
$40.50Jul 31Aug 21120.2%50.4%138.2%231
$48.00Jul 31Aug 21115.2%49.4%133.5%3272

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 14.00, avg 2.43)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$48.50$50.00Aug 7$0.10$1.40$0.1014.00$48.60
$49.50$50.00Aug 21$0.15$0.35$0.152.33$49.65
$46.50$47.00Jul 31$0.25$0.25$0.251.00$46.75
$47.50$48.00Jul 31$0.28$0.22$0.280.79$47.78
$44.00$44.50Aug 7$0.28$0.22$0.280.79$44.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$46.00$45.00Aug 21$0.10$0.90$0.109.00$45.90
$50.00$49.00Aug 21$0.20$0.80$0.204.00$49.80
$43.50$43.00Jul 31$0.15$0.35$0.152.33$43.35
$46.00$43.00Aug 7$0.90$2.10$0.902.33$45.10
$45.00$44.00Aug 21$0.35$0.65$0.351.86$44.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 31 found (best R:R 9.00, avg 1.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$48.00$48.50Jul 31$0.40$0.40$0.104.00$48.40
$43.00$43.50Jul 31$0.35$0.35$0.152.33$43.35
$44.50$45.00Jul 31$0.35$0.35$0.152.33$44.85
$45.00$45.50Jul 31$0.35$0.35$0.152.33$45.35
$45.00$46.00Aug 21$0.68$0.68$0.322.13$45.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$48.00$47.00Jul 31$0.90$0.90$0.109.00$47.10
$55.00$50.00Aug 21$4.30$4.30$0.706.14$50.70
$49.00$46.00Aug 7$2.35$2.35$0.653.62$46.65
$47.00$46.00Jul 31$0.77$0.77$0.233.35$46.23
$42.00$41.00Aug 21$0.72$0.72$0.282.57$41.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 19 found (avg debit $0.35, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$38.00Jul 31Aug 21$0.10112.2%54.3%
$39.00Jul 31Aug 21$0.15114.5%86.1%
$47.00Jul 31Aug 7$0.2097.6%59.5%
$50.00Jul 31Aug 7$0.33115.5%77.0%
$48.00Jul 31Aug 7$0.38115.2%75.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.50Jul 31Aug 21$0.10120.2%50.4%
$41.00Jul 31Aug 21$0.15111.2%48.9%
$43.00Jul 31Aug 7$0.1580.5%52.5%
$46.00Jul 31Aug 7$0.17108.2%87.4%
$49.00Jul 31Aug 7$0.25130.3%77.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 6.29% of stock, avg 11.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$46.00Jul 31$1.58$1.33$2.91$43.09$48.916.29%
$47.00Jul 31$1.00$2.10$3.10$43.90$50.106.70%
$44.50Jul 31$2.58$0.68$3.26$41.24$47.767.05%
$47.00Aug 21$1.13$2.50$3.63$43.37$50.637.85%
$45.50Jul 31$1.88$1.95$3.83$41.67$49.338.28%
$43.50Jul 31$3.30$0.60$3.90$39.60$47.408.43%
$48.00Jul 31$0.95$3.00$3.95$44.05$51.958.54%
$46.00Aug 7$2.45$1.50$3.95$42.05$49.958.54%
$43.00Jul 31$3.65$0.45$4.10$38.90$47.108.86%
$46.00Aug 21$2.17$2.00$4.17$41.83$50.179.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 58 found (cheapest 3.03% of stock, avg 5.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$48.00$43.00Jul 31$0.95$0.45$1.40$41.60$49.40
$50.00$43.00Aug 7$0.83$0.60$1.43$41.57$51.43
$47.00$43.00Jul 31$1.00$0.45$1.45$41.55$48.45
$48.50$43.00Aug 7$0.93$0.60$1.53$41.47$50.03
$48.00$43.50Jul 31$0.95$0.60$1.55$41.95$49.55
$47.00$43.50Jul 31$1.00$0.60$1.60$41.90$48.60
$48.00$44.50Jul 31$0.95$0.68$1.63$42.87$49.63
$47.00$44.50Jul 31$1.00$0.68$1.68$42.82$48.68
$47.50$43.00Jul 31$1.23$0.45$1.68$41.32$49.18
$46.50$43.00Jul 31$1.25$0.45$1.70$41.30$48.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 6.69, avg credit $0.74)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
41/4250/50Aug 21$0.87$0.136.69$41.13$50.37
45/4648/48Aug 21$0.85$0.155.67$45.15$48.85
46/4750/50Aug 21$0.65$0.351.86$46.35$50.15
47/4850/50Aug 21$0.65$0.351.86$47.35$50.15
43/4450/50Aug 21$0.57$0.431.33$43.43$50.07
44/4550/50Aug 21$0.50$0.501.00$44.50$50.00
43/4648/48Aug 7$1.30$1.700.76$44.70$49.30
43/4648/50Aug 7$1.00$2.000.50$45.00$49.50
45/4650/50Aug 21$0.25$0.750.33$45.75$49.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$43.00$43.50$44.00Jul 31$0.05$0.459.00
$45.00$45.50$46.00Jul 31$0.05$0.459.00
$44.00$44.50$45.00Jul 31$0.07$0.436.14
$46.00$46.50$47.00Jul 31$0.08$0.425.25
$48.50$49.00$49.50Aug 21$0.20$0.301.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$46.00$47.00$48.00Jul 31$0.13$0.876.69
$42.50$43.00$43.50Jul 31$0.08$0.425.25
$45.00$46.00$47.00Aug 21$0.40$0.601.50
$43.00$46.00$49.00Aug 7$1.45$1.551.07
$42.00$43.00$44.00Aug 21$0.54$0.460.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 25 found (best net $-0.25, 16 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$55.001:2Jul 31-$1.66$3.34
$52.00$55.001:2Aug 21-$0.65$2.35
$46.00$47.001:2Aug 21-$0.09$0.91
$48.50$50.001:2Aug 7-$0.73$0.77
$48.00$48.501:2Jul 31-$0.15$0.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$50.001:2Aug 21-$0.25$4.75
$40.00$39.001:2Jul 31-$0.15$0.85
$44.50$43.501:2Jul 31-$0.52$0.48
$47.00$46.001:2Jul 31-$0.56$0.44
$44.00$43.001:2Aug 21-$0.71$0.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 2.59%, avg 1.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$48.00Aug 21$1.200.403.8%2.59%6.36%3179
$46.50Jul 31$0.800.430.5%1.73%2.25%510
$47.00Jul 31$0.800.381.6%1.73%3.33%201336
$47.00Aug 7$0.700.401.6%1.51%3.11%1641
$47.50Jul 31$0.500.372.7%1.08%3.76%1114
$50.00Aug 21$0.500.258.1%1.08%9.17%--2.4K
$48.50Aug 7$0.450.304.8%0.97%5.81%--36
$48.00Aug 7$0.400.363.8%0.86%4.63%--40
$49.50Aug 21$0.400.287.0%0.86%7.87%11
$48.00Jul 31$0.200.323.8%0.43%4.19%227

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 1,286
Total Puts 1,460
Put/Call Ratio 1.14
Net Difference -174

Prior's Put/Call Breakdown

Total Calls 6,251
Total Puts 2,054
Put/Call Ratio 0.33
Net Difference 4,197

Prior 7-Day Put/Call Summary

Total Calls 10,149
Total Puts 2,702
Average Put/Call Ratio 0.25
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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