MGM MGM
$29.40 · scored 08:29 · fresh
Decision brief
BEARISH · 70/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite rises above -15 · confidence deteriorates materially from 70/100
For the read
options volume favours puts · open interest agrees with the read · evidence confidence is high
Against / uncertainty
signal stability is low
The read
Strongly bearish, well evidenced .
−100 bearish 0 bullish +100
−57.3 composite
Evidence
70 / 100 · top 10% today
38,159 contracts · quality 79 · stability 0.00
has paid −0.36% · n=3,075
What traded today · weight 62%
−51.8 pts
3,138 calls · 8.2% 35,021 puts
bias −83.6 × 0.62
What’s on the books · weight 38%
−5.5 pts
756 call OI · 42.8% 1,012 put OI
bias −14.5 × 0.38
Equals
−57.3
90% of the score comes from today’s volume, 10% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring MGM today. There’s one reading so far. The 14-day chart fills in as the hourly tape arrives. Nothing here is back-filled or guessed.
03
Should you trust it? pass Plenty behind it confidence 70 (90th pct) · quality 79 · 38,159 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 0
pass This kind of read has paid strongly bearish · put-heavy · mid liquidity → −0.36% avg, n=3,075
note Too few of our calls checked 0 closed calls on MGM
04
Where the positions sit calls traded strike puts traded
Spot $29.40 highlighted. The $20 strike holds the most open interest (the “wall”, 1,012). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on MGM yet. Each read is checked 4 hours, 1 day and 3 days after it’s made.
06
Catalysts & context EPS surprise · last 4 quarters
No reported quarters stored yet.
Street — Next report —
P/E — Beta —
52w — IV rank —
MGM
Strongly bearish, well evidenced .
−100 bearish 0 bullish +100
−57.3 evidence
has paid −0.36% · n=3,075
Why it’s −57
−51.8 volume · 8% calls−5.5 OI · 43% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
pass Plenty behind it confidence 70 (90th pct) · quality 79 · 38,159 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 0
note Too few of our calls checked 0 closed calls on MGM
What traded today · 62%
−51.8 pts
3,138 calls · 35,021 puts · bias −83.6
What’s on the books · 38%
−5.5 pts
756 call OI · 1,012 put OI · bias −14.5
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $20 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about MGM
Not enough tape history on MGM for a weekly brief yet. Ask anything below.
Why is our MGM record what it is? What’s the $20 wall?