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 15, 2028
Days to expiration: 796
Share price: $29.27
Put/call ratio (OI): 0.69
Put/call ratio (volume): 0.43
ATM implied volatility: 51.4%
Expected move: ±$22.20
Open interest (C / P): 1.28K / 883

MGM options summary

The MGM options chain for the December 15, 2028 expiration lists 14 call and 11 put contracts, with 796 days until expiration. Open interest stands at 1,276 calls and 883 puts, a put/call ratio of 0.69, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 51.4%, which implies the market expects a move of about ±$22.20 (75.9%) in MGM Resorts International stock by expiration.

The most open interest sits at the $50.00 call (687 contracts) and the $40.00 put (500 contracts).

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

MGM options chain · December 15, 2028

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
69	8	56.8%	13.90	12.60	14.20	20.00	1.40	1.85	1.50	36.9%	25	80
40	1	50.9%	10.20	9.60	10.90	25.00	2.85	3.50	2.85	34.0%	5	66
15	1	53.2%	9.20	8.00	9.40	28.00	4.20	4.80	4.33	32.4%	10	15
MGM $29.27
32	16	51.4%	8.00	7.10	8.40	30.00	—	—	—	—	—	—
79	67	49.3%	9.60	5.90	7.10	33.00	6.50	7.40	2.93	29.3%	—	2
79	2	48.5%	5.50	5.00	6.40	35.00	7.70	8.90	7.05	29.8%	2	157
11	11	46.6%	8.85	4.20	5.30	38.00	9.60	10.80	10.10	27.3%	13	15
18	1	46.3%	4.50	3.50	4.80	40.00	11.00	12.30	11.80	26.4%	1	500
16	3	46.9%	4.00	2.90	4.50	42.00	12.40	13.90	12.30	25.5%	4	11
126	1	44.7%	3.30	2.50	3.60	45.00	0.00	0.00	6.50	—	—	0
—	—	—	—	—	—	47.00	16.50	18.40	15.40	25.4%	—	2
687	6	42.8%	2.33	1.90	2.60	50.00	19.20	23.00	11.90	40.7%	3	35
58	19	42.4%	2.41	1.35	2.00	55.00	—	—	—	—	—	—
40	10	41.6%	2.10	0.95	1.50	60.00	—	—	—	—	—	—
6	2	41.3%	1.45	0.05	1.15	65.00	—	—	—	—	—	—

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 15, 2028 expiration, the MGM put/call ratio based on open interest is 0.69 (883 puts vs 1,276 calls), and 0.43 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 15, 2028 is about 51.4%, 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.