20000 MGM Sep15 35 and 36 calls went up in 2 blocks on the AMEX. ??
Shares of MGM Resorts Int. (MGM) are up .60 to 31.85 today.? MGM is near the top of the 52 week range.
- Paper traded 20000 MGM Sep15 35 and 36 calls for .87 and .64.?
- The ADV is 21719 contracts.? ?
- The open interest is 2773 and 198 contracts.
The volume went up in 2 blocks on the AMEX. ??The trader looks like they are buying a call stupid, paying the offer for both strikes.? MGM had similar call buy several weeks ago as trading are looking for new highs.
- IV 30 is trading for 26%.?
- HV10 is trading for 26%.?
- IV 30 is at the HV 10.
MGM Resorts International is a holding company. The Company, through its subsidiaries, owns and operates casino resorts. The Company operates in two segments: domestic resorts and MGM China.