Why MGM Resorts Stock Jumped Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


MGM Resorts International (NYSE:MGM) shares traded higher on Tuesday after BetMGM announced a multi-year North American partnership extension with the National Hockey League.

What To Know: BetMGM announced the partnership extension on Tuesday before the market open. The sports betting and iGaming operator will now create customized VIP fan experiences and offer league and team-branded casino games, among other new features.

"Our partnership extension with the NHL enables us to enhance the BetMGM product and offer fans unforgettable entertainment built around the game they love," said BetMGM CEO Adam Greenblatt. "The NHL is more thrilling than ever – a symphony of athleticism, teamwork, and skill on skates. We look forward to bringing our customers exceptional live experiences and new content."

Shares of the stock rose over 4% on Tuesday.

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MGM Price Action: Shares of MGM were up 3.42% at $45.03 at the close of the market, according to Benzinga Pro.

Image by soerli from Pixabay


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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