MGM


2015-12-01 MGM Resorts REIT Plans May Lead To Longer-Term Gains

Posted on December 1st, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2015-12-01 MGM Resorts REIT Plans May Lead To Longer-Term Gains

MGM Resorts REIT Plans May Lead To Longer-Term Gains

This post was originally published on SeeItMarket.com on November 30th

Casino stocks have been some of the worst performers since the beginning of last year. Las Vegas Sands (LVS) has fallen 46% and Wynn Resorts (WYNN) has collapsed 74% from the 2014 highs. And as share prices tumble lower across much of the industry, it is not wise to try and catch a falling knife without fundamental and technical support backing your thesis (and a very patient careful plan).

Of the larger companies, I explain below why MGM Resorts International (MGM) could be one of the few worth considering as an investment.

On October 29th, MGM Resorts International reported Q3 earnings of $0.15 per share vs the $0.03 estimate on in-line revenue of $2.3B. Sales were down over 8% on a year over year basis, but … Read More »


2015-07-08 Options Report (FCX) (MGM)

Posted on July 8th, by Mitchell Warren in Options Reports, Options Risk Management, Premium Articles, Unusual Options Activity. Comments Off on 2015-07-08 Options Report (FCX) (MGM)

Options Report

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2015-07-08 Unusual Options Activity (ROK) (RPTP)

Posted on July 8th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2015-07-08 Unusual Options Activity (ROK) (RPTP)

Unusual Options Activity

 Freeport McMoRan (FCX)- 30,000+ Aug 21 $14 puts were bought for $0.34-$0.38. Earnings are due out on July 23rd (shares have dropped after earnings on 4 straight reports).
MGM Resorts International (MGM)- There was a rollout from 2,000 July 17 $18 puts ($0.75 credit) into 4,000 Aug 21 $17 puts ($0.85 debit). Shares are trading just above support at the $17.25-$17.50 level.
Rockwell Automation (ROK)- There was a rollout from 1,140 July $125 puts ($4.50 credit) into 1,140 Aug $125 puts ($7.60 debit). Also, there was sizable buying in the Aug $120 puts. Q3 earnings are due out on July 29th. The stock broke below the 50-day EMA today.
Raptor Pharmaceuticals (RPTP)- 3,500 Aug $14 calls were bought for $1.20. They have Phase 2 data results due in Q3 or Q4 of this year.
United Rentals (URI)- There was a rollout from … Read More »


2014-07-22 Smart Money Report (AAPL) (FCX)

Posted on July 22nd, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2014-07-22 Smart Money Report (AAPL) (FCX)

 

AAPL- Apple will release Q3 earnings after the bell tonight. Analysts are looking for $1.23 in EPS, revenue 0f $37.98B, and iPhone sales of 35.9M. The options market is implying a $4.38 move, or 4.64%, in either direction through Friday’s close. The call to put ratio is currently 2.02. The whisper number for tonight is for a $0.10 beat on EPS according to earningswhispers.com. The stock has dropped after earnings on five out of the last seven reports. View recent Apple options activity in Smart Money Reports from the last two months.
FCX- Freeport McMoRan Copper & Gold will release Q2 earnings before the bell tomorrow morning. Analysts are looking for $0.53 in EPS and revenue of $5.2B. The options market is implying a $0.96 move, or 2.46%, in either direction through Friday’s close. The call to put ratio is currently … Read More »


2014-07-22 Unusual Options Activity (KS) (MGM)

Posted on July 22nd, by Mitchell Warren in Options Risk Management, Unusual Options Activity. Comments Off on 2014-07-22 Unusual Options Activity (KS) (MGM)

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a bull risk reversal in KapStone Paper and Packaging (KS) and call buying in MGM Resorts (MGM).

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2013-12-24 Smart Money Report (F) (KGC)

Posted on December 24th, by Mitchell Warren in Free Articles, Options Risk Management, Smart Money Report, Unusual Options Activity. Comments Off on 2013-12-24 Smart Money Report (F) (KGC)

Smart Money Report

F- 5,750 Jan. 2014 $15 puts were purchased for $0.28 each, against open interest of 31,509 contracts.
KGC- 7,500 May 2014 $6 calls were bought for $0.12-$0.14 each, against open interest of 53,879 contracts.
MGM- 7,500 Jan. 2014 $23 calls were purchased for $0.73 each, against open interest of 4,957 contracts.
NE- 5,678 Mar. 2014 $36 calls were sold for $1.93 and 4,542 Mar. 2014 $34 puts were bought for $1.01, resulting in a bear risk reversal. Volume was above the open interest in both options.
AAPL- Apple shares are finding resistance at the $570 level, down 0.64% today. The call to put ratio in (AAPL) options is 1.95, led by a buyer of 1,300 Jan. 2014 $575/$600 call spreads for a $7.00 debit ($910,000).

Free Trial: If you would like to know more about premium content or you would like a free … Read More »


2013-12-24 Unusual Options Activity (MGM) (NE)

Posted on December 24th, by Mitchell Warren in Options Risk Management, Unusual Options Activity. Comments Off on 2013-12-24 Unusual Options Activity (MGM) (NE)

Unusual Options Activity

In today’s Unusual Options Activity Report we highlight a bear risk reversal in Noble (NE) and upside call buying in MGM Resorts International (MGM).

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2013-11-21 Free Trade of the Day (F)

Posted on November 21st, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-11-21 Free Trade of the Day (F)

 Free Trade of the Day
Ford Motor (F)

Updates: MGM International Resorts (MGM) shares rose 2.44% today, finding support on a test of the 100-day SMA.

Free Trial: If you would like to know more about premium content or you would like a free trial of our service , email me at Mitchell@OptionsRiskManagement.com .

Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above every week), unusual options activity reports, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!

Check out all of the membership options here—–> https://optionsriskmanagement.com/register/


2013-11-20 Free Trade of the Day (CBS)

Posted on November 20th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-11-20 Free Trade of the Day (CBS)

 Free Trade of the Day
CBS Corp (CBS)

Updates: MGM Resorts International (MGM) shares fell for the fifth consecutive session, dropping 0.70%. The stock still hasn’t confirmed the buy signal (and might not).

Free Trial: If you would like to know more about premium content or you would like a free trial of our service , email me at Mitchell@OptionsRiskManagement.com .

Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above every week), unusual options activity reports, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!

Check out all of the membership options here—–> https://optionsriskmanagement.com/register/


2013-11-19 Free Trade of the Day (MGM)

Posted on November 19th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-11-19 Free Trade of the Day (MGM)

 Free Trade of the Day
MGM Resorts International (MGM)

Updates: Peabody Energy (BTU) shares rose 0.36% today, putting in a short-term bottom.

Free Trial: If you would like to know more about premium content or you would like a free trial of our service , email me at Mitchell@OptionsRiskManagement.com .

Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above every week), unusual options activity reports, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!

Check out all of the membership options here—–> https://optionsriskmanagement.com/register/



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