ยท degenerate gambling play ยท 1 min read
Degenerate Gambling Play
High Risk, High Reward Plays surrounding binary events.
The vast majority of these plays are taken with 0.1% of the portfolio. Remember to risk only what you can afford to lose.
MGM: This house might lose.
Play:
- MGM 05/05 20 delta puts as close to market close
Thesis
MGM will miss earnings expectations. Market is expecting growth, and that does not appear to be the case for this ticker.
EPS
- Estimated: 0.064
- Previous Quarter: 0.686
- 4 Quarters Ago: -0.061
Revenue
- Estimated: 3.61B
- Previous Quarter 3.592B
- 4 Quarters Ago: 2.854B
Share:
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