20000 MGM Sep 20/Oct 20 call spreads went up in 2 blocks on the AMEX
Shares MGM Resorts International (MGM) are up .23 to 20.83 today. ?MGM is near the lower end of the 52 week range.
- Paper traded 20000 MGM Sep 20/Oct 20 call spreads for 1.45. ?
- The ADV is 16k contracts.?
- The OI is 27112 and 1430 contracts.
The volume went up in 2 blocks on the AMEX marked spread.? This trader looked like they bought the Sep 20s a bit higher than .71 and is rolling out on the rally to pick up more time and upside.? Sep looks to close with Oct to open.
- IV 30 is trading for 41%.?
- HV10 is trading for 36%.?
- IV 30 is trading at the HV 10.
MGM Resorts International is a holding company. Through its wholly owned subsidiaries, the Company owns and operates casino resorts. The Company operates in two segments: wholly owned domestic resorts and MGM China.