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: Jan 15, 2027
Days to expiration: 96
Share price: $29.27
Put/call ratio (OI): 0.37
Put/call ratio (volume): 2.25
ATM implied volatility: 40.4%
Expected move: ±$6.07
Open interest (C / P): 40.04K / 14.81K

MGM options summary

The MGM options chain for the January 15, 2027 expiration lists 30 call and 28 put contracts, with 96 days until expiration. Open interest stands at 40,038 calls and 14,809 puts, a put/call ratio of 0.37, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 40.4%, which implies the market expects a move of about ±$6.07 (20.7%) in MGM Resorts International stock by expiration.

The most open interest sits at the $50.00 call (8.18K contracts) and the $15.00 put (5.19K contracts).

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

MGM options chain · January 15, 2027

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
120	1	102.5%	15.20	14.20	15.40	15.00	0.00	0.10	0.05	63.3%	15	5,190
39	5	82.6%	10.30	9.50	11.10	20.00	0.10	0.20	0.10	50.5%	1	279
19	1	390.5%	24.29	19.10	23.20	23.00	0.30	0.40	0.25	42.9%	3	423
772	32	58.1%	6.20	5.00	6.60	25.00	0.60	0.70	0.57	39.8%	1	442
1,649	10	44.5%	3.20	3.00	3.30	28.00	1.50	1.65	1.25	37.9%	46	649
MGM $29.27
1,336	208	43.6%	2.15	1.90	2.30	30.00	2.15	2.65	2.57	37.3%	1	2,429
161	17	45.0%	2.32	1.65	2.00	31.00	2.75	3.30	2.48	37.7%	60	175
473	12	43.8%	1.40	1.30	1.60	32.00	3.60	3.90	3.50	36.3%	12	26
302	9	44.4%	1.20	1.05	1.35	33.00	4.40	4.70	3.90	37.4%	10	683
162	3	43.3%	1.00	0.90	1.05	34.00	4.30	5.50	4.15	37.6%	2	26
1,196	1	44.2%	0.80	0.65	0.90	35.00	6.00	6.30	5.70	37.0%	1	1,174
10	10	42.4%	0.65	0.50	0.65	36.00	6.60	7.20	1.40	37.9%	46	20
1,117	1	43.2%	0.55	0.45	0.55	37.00	6.50	8.10	6.70	38.2%	4	231
2,021	2,004	46.3%	0.40	0.30	0.55	38.00	8.10	9.00	8.20	37.8%	201	61
2,495	4	46.3%	0.55	0.20	0.45	39.00	8.30	10.00	3.45	40.4%	1	14
992	86	47.5%	0.45	0.15	0.40	40.00	9.30	10.90	10.37	38.7%	1	906
2,500	56	50.1%	0.35	0.10	0.40	41.00	10.20	12.00	10.52	45.4%	1	28
691	20	50.8%	0.22	0.05	0.35	42.00	11.60	13.10	11.40	51.6%	2	77
2,465	1	51.2%	0.32	0.05	0.30	43.00	0.00	0.00	3.00	—	56	0
67	18	53.4%	0.29	0.00	0.30	44.00	12.70	16.20	6.12	85.0%	5	0
897	20	53.3%	0.22	0.00	0.25	45.00	14.00	16.20	5.34	61.9%	71	5
5,059	1	52.8%	0.15	0.00	0.20	46.00	14.70	17.20	15.45	64.1%	1	2
349	2	51.8%	0.15	0.00	0.15	47.00	15.60	18.40	16.60	72.6%	2	0
5,286	4	56.5%	1.10	0.00	0.20	48.00	16.60	19.10	8.30	64.5%	8	0
75	42	51.6%	1.20	0.00	0.20	49.00	0.00	0.00	3.60	—	—	0
8,179	1	53.1%	0.10	0.00	0.10	50.00	5.60	7.40	4.96	—	12	44
546	10	58.0%	0.12	0.00	0.15	55.00	0.00	0.00	10.04	—	2	0
807	1	60.9%	0.10	0.00	0.10	60.00	29.10	31.20	29.90	88.8%	5,268	1,925
15	15	114.7%	0.55	0.00	2.05	65.00	—	—	—	—	—	—
238	2	89.1%	0.45	0.00	0.45	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 January 15, 2027 expiration, the MGM put/call ratio based on open interest is 0.37 (14,809 puts vs 40,038 calls), and 2.25 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 January 15, 2027 is about 40.4%, 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.