Options Traders Pounce on MGM Resorts Stock (MGM) as Volatility Spikes

robot
Abstract generation in progress

Despite MGM Resorts (MGM) facing a challenging economic backdrop and recent stock underperformance, options traders are not showing panic, suggesting a potential bullish opportunity. Analysis of volatility skew indicates that while traders are insuring against downside risk, the degree of this protection is not extreme. Using a combination of Black-Scholes and Markov property analysis, the article suggests a potential trading range for MGM stock and highlights a specific bull call spread for aggressive speculators.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)