Best Covered Calls for MGM Resorts International (MGM) — Up to 2.68% Premium Yield
MGM Resorts International · MGM · Covered Call · Updated Sep 12, 2026
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Highlighted near-term covered calls on MGM Resorts International (MGM) reach up to 2.68% annualized yield (1.72% avg on top strikes in the tables below).
View MGM chartTop Covered Calls
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $42.00 | Oct 16 | 34 | 0.39 | $1.25 | 2.50% | 38 | Open |
| $43.00 | Oct 16 | 34 | 0.30 | $0.80 | 1.63% | 35 | Open |
| $41.00 | Oct 16 | 34 | 0.46 | $1.50 | 2.68% | 33 | Open |
| $49.00 | Oct 16 | 34 | 0.14 | $0.45 | 0.92% | 3 | Open |
| $45.00 | Oct 16 | 34 | 0.20 | $0.50 | 0.89% | 3 | Open |
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for MGM Resorts International (MGM): $42.00 strike expiring Oct 16, 2026, 2.50% yield.
Implied volatility
Average IV for MGM Resorts International (MGM) is 41.1% (elevated)— favorable for premium sellers.
How to use this page
- Review MGM Resorts International (MGM) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for MGM Resorts International (MGM) — Open our Covered Calls screener with MGM pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of MGM Resorts International (MGM) covered calls shows average premium yield of 1.72% and peaks at 2.68%. Average implied volatility is 41.1% (peak 54.3%), indicating elevated volatility for premium sellers. MGM Resorts International (MGM) operates in the Consumer Cyclical sector within the Resorts & Casinos industry, earning an overall score of 2. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for MGM Resorts International (MGM)?
The best covered calls for MGM Resorts International (MGM) reach up to 2.68% annualized yield (1.72% average on top strikes). Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are MGM Resorts International (MGM)'s fundamentals for covered calls?
For MGM Resorts International (MGM), key fundamentals include last price $39.90, P/E 24.6, market cap $10.0 Billion, Consumer Cyclical sector, WSO rating B-, analyst consensus Buy. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for MGM Resorts International (MGM)?
Use our Covered Calls screener with MGM Resorts International (MGM) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (41.1% avg IV on this page).
What is the average premium yield for MGM Resorts International (MGM) covered calls?
Average premium yield for MGM Resorts International (MGM) covered calls is 1.72%, with top contracts up to 2.68%. Yields move with strike, expiration, and IV (avg 41.1%, peak 54.3%).
Is MGM Resorts International (MGM) a good stock for covered calls?
MGM Resorts International (MGM) offers covered calls with yields up to 2.68%. WSO rates it B-. It is in Consumer Cyclical. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for MGM Resorts International (MGM) covered calls?
Top contracts on this page use medium-term expirations. Filter any DTE in the screener for MGM Resorts International (MGM).
How does implied volatility affect MGM Resorts International (MGM) covered calls?
IV drives option premiums: MGM Resorts International (MGM) averages 41.1% IV (peak 54.3%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.