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

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.

... More