Las Vegas is booming again, and bracing itself for next slump

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Go back to Las Vegas is booming again, and bracing itself for next slump

Call Buying Activity in MGM Resorts (MGM) Highlights Continued Bullish Options Flow -Susquehanna

September 13, 2018 3:03 PM EDT

Susquehanna options strategist Alison Edwards notes continued call buying in MGM Resorts (NYSE: MGM), as an investor purchased 10k Nov 28 Calls, most for $1.42, creating 500k shares to buy. Order flow has been bullish in multiple expirations since MGM (and peers) got hit on earnings a month ago.

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