Trade Idea: MGM Resorts (MGM)


Estimated reading time: 0 minutes, 36 seconds

The BetMGM online gambling brand is poised to make its debut next week, with the firm set to launch its online sportsbook in New York on Monday January 17th.

Also, with the NFL Playoffs set to start (tomorrow) and the Super Bowl scheduled for February 13thβ€”MGM should see a nice bump over the next month or so.

The charts don’t really support this idea so please do your own due diligence.

π—›π—œπ—šπ—› π—₯π—œπ—¦π—ž Trade Idea: $MGM 3/18/22 50 CALL

I already have an open trade for MGM (3/18/22 45 CALL), but I probably grabbing the $50 strike as well.

Remember, the ideas shared on this site/via SMS are merely the ideas and assumptions of one guy and should not be taken as financial advise. [disclaimer]

Previous Post: