Puts are on sale!!!
I would be selling the $16 Put because we will gap up tomorrow most likely I feel to $17.50 and keep running even when the market cools down.
No reason that MGM is under $21/$22 in this stage of a turnaround with this type of growth coming and less not forget profits!
Sentiment: Strong Buy
No way. The qtr will be a huge miss as always for MGM and internet gambling is years away. Keep drinking the Koolaid kid.