MomentumOptions.com New Trade (MGM) for 10/16/2020

2:10pm (EST)

I have a New Trade for today so let’s get on it.

New Trade!

MGM Resorts International (MGM, $21.25, up $0.09)

Buy to Open MGM November 23 calls (MGM201120C00023000, $0.95, up $0.05)

Action: I like these call options at current levels and you can use a Limit Order up to $1.05 to get the best fills. These are the regular MGM November 23 calls that expire on November 20th, 2020.