MGM Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: MGM's revenue is poised for growth with the completion of the Osaka project, which could significantly boost market sentiment and earnings, especially as tourism rebounds post-pandemic.




Bearish Case: An economic downturn, exacerbated by rising interest rates, may severely impact discretionary spending on entertainment, potentially lowering MGM's revenues in the near future.




Potential Outcomes:
  • Successful Osaka resort completion boosts revenue (65%)
  • Economic downturn negatively impacting tourism (25%)
  • Regulatory challenges hindering international expansions (10%)




Trading Oracle: Initiate a bullish call debit spread using the MGM 12/20/2024 $40C and $42C options. This strategy captures upside potential from the upcoming Malaysia conference and expected rebound. Aim for a 75% probability of profit and maximize risk/reward via low implied volatility post-event.



November 30, 2024


MGM Resorts International Forecast

MGM        MGM Resorts International











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