MGM Resorts International (MGM) Options Chain

NYSE: MGMConsumer DiscretionaryHotels/ResortsUSD

29.27-0.74 (-2.47%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $29.27
Put/call ratio (OI): 0.54
Put/call ratio (volume): 13.00
ATM implied volatility: 39.3%
Expected move: ±$4.96
Open interest (C / P): 36.73K / 19.93K

MGM options summary

The MGM options chain for the December 18, 2026 expiration lists 30 call and 30 put contracts, with 68 days until expiration. Open interest stands at 36,734 calls and 19,931 puts, a put/call ratio of 0.54, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $29.00 strike is 39.3%, which implies the market expects a move of about ±$4.96 (16.9%) in MGM Resorts International stock by expiration.

The most open interest sits at the $40.00 call (18.41K contracts) and the $30.00 put (4.51K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MGM options chain · December 18, 2026

MGM calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	2	389.6%	21.50	19.00	23.50	15.00	0.00	0.00	0.05	25.0%	2	0
15	14	90.4%	11.84	9.10	11.10	20.00	0.00	0.50	0.05	63.2%	10	1,012
59	55	255.4%	12.97	13.85	14.90	23.00	0.15	0.30	0.22	46.6%	3	137
20	1	63.9%	5.49	4.80	6.40	25.00	0.40	0.50	0.43	41.1%	4	1,084
58	7	43.5%	2.80	2.60	2.85	28.00	1.20	1.35	1.30	38.7%	56	463
—	—	—	—	—	—	29.00	1.65	1.85	1.75	39.3%	22	370
MGM $29.27
352	430	45.7%	1.80	1.70	2.00	30.00	2.15	2.35	2.30	38.2%	59	4,515
481	77	43.3%	1.40	1.00	1.50	31.00	2.75	3.00	2.70	38.7%	6	1,869
357	74	42.6%	1.09	1.05	1.15	32.00	3.20	3.70	3.30	38.7%	13	377
1,515	276	42.7%	0.85	0.80	0.90	33.00	3.70	4.50	3.78	39.7%	21	1,682
88	35	44.1%	0.75	0.40	0.75	34.00	4.10	5.30	4.23	39.5%	1	687
591	53	46.0%	0.48	0.45	0.65	35.00	4.90	6.20	5.58	41.0%	4	1,052
33	15	45.9%	0.44	0.30	0.50	36.00	5.30	7.10	4.70	41.7%	9	114
686	7	46.3%	0.45	0.20	0.40	37.00	6.20	8.10	6.70	45.3%	18	236
1,068	6	53.3%	0.25	0.15	0.50	38.00	7.10	9.20	7.66	52.3%	1	1,206
3,036	4	47.0%	0.27	0.10	0.25	39.00	8.10	10.00	3.50	48.0%	15	78
18,413	2	47.5%	0.17	0.05	0.20	40.00	9.10	10.90	10.15	45.9%	3	692
84	1	50.2%	0.15	0.05	0.20	41.00	10.10	12.20	3.60	62.1%	2	51
618	20	49.8%	0.15	0.00	0.15	42.00	10.80	13.20	11.65	65.0%	30	12
91	1	52.3%	0.15	0.00	0.15	43.00	11.60	14.20	5.60	67.9%	15	1
146	1	54.7%	0.30	0.00	0.15	44.00	12.60	16.00	6.50	95.6%	3	0
1,888	10	50.4%	0.09	0.00	0.15	45.00	14.00	16.20	14.70	73.3%	397	128
669	2	59.2%	0.22	0.00	0.30	46.00	14.60	17.10	12.30	71.7%	5	0
719	6	61.4%	0.07	0.00	0.30	47.00	0.00	0.00	4.80	—	1	0
158	1	56.5%	0.05	0.00	0.15	48.00	16.60	19.10	8.10	76.5%	8	0
186	1	61.1%	0.63	0.00	0.20	49.00	0.00	0.00	5.70	—	3	0
3,253	24	60.2%	0.10	0.00	0.15	50.00	19.80	21.20	19.90	85.5%	5	85
437	5	71.9%	0.10	0.00	0.20	55.00	23.60	26.90	16.40	121.3%	5	25
1,016	2	76.4%	0.10	0.00	0.15	60.00	29.00	31.20	30.00	105.3%	14,172	4,055
91	3	98.6%	0.20	0.00	0.45	65.00	27.50	31.30	29.50	—	2	0
605	11	103.5%	0.15	0.00	0.40	70.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the MGM put/call ratio?

For the December 18, 2026 expiration, the MGM put/call ratio based on open interest is 0.54 (19,931 puts vs 36,734 calls), and 13.00 based on today's volume. A ratio above 1 means more puts than calls.

What is MGM's implied volatility?

At-the-money implied volatility for MGM options expiring December 18, 2026 is about 39.3%, an annualized estimate of how much the market expects MGM Resorts International stock to move.

How many MGM option expiration dates are there?

MGM has 12 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.