Some people who have a lot of money are betting on whether MGM Resorts International will go up or down in price. They think it might change between $30 and $44 soon. We don't know what they know, but we can watch how they gamble to try to guess what will happen. Read from source...

1. Article title is misleading and sensationalized. It suggests that the options market has some special insight into MGM Resorts Intl, which is not true. The options market is just one of many sources of information and does not have any privileged access to the company's performance or future prospects.
2. Article uses vague terms like "significant move" and "something big is about to happen" without providing any clear evidence or reasoning for these claims. These phrases are meant to create excitement and curiosity among readers, but they do not contribute to a meaningful analysis of the options market or MGM Resorts Intl.
3. Article relies heavily on numerical data and charts, which may impress some readers with its apparent sophistication and credibility, but these numbers are often misleading or irrelevant. For example, the article mentions that 21 extraordinary options activities for MGM Resorts Intl were detected by Benzinga's options scanner, but it does not explain what constitutes an "extraordinary" activity or how it is measured. Moreover, it does not show how these activities are related to the underlying stock performance or the options market dynamics.
4. Article tries to predict a price range for MGM Resorts Intl based on trading volumes and open interest, but these indicators are not reliable or consistent predictors of future stock movements. The article admits that the major market movers are focusing on a price band between $30.0 and $44.0, but it does not explain why this range is significant or what factors could influence it. It also ignores other possible sources of uncertainty or volatility that may affect the stock price in either direction.
5. Article ends with a promotional message for Benzinga Pro, which is an obvious attempt to generate revenue and attract new subscribers. The article does not disclose any potential conflicts of interest or biases that may influence its content or tone. It also does not provide any value-added information or insights for readers who are interested in MGM Resorts Intl or the options market.

1. Buy MGM Resorts Intl calls with a strike price of $40.0, expiring in October 2021. This option offers a high potential return if the stock price rises above the current market level and reaches the target price of $46.8 (strike price plus premium). The risk is limited to the premium paid for the option, which is approximately $3.5 per contract.

2. Sell MGM Resorts Intl puts with a strike price of $30.0, expiring in October 2021. This option generates income from the premium received for selling the right to sell the stock at the lower price. The risk is limited to the difference between the strike price and the current market price, which is about $5.5 per contract.

3. Set a stop-loss order at $33.0 for both long and short positions. This will limit the potential losses in case of an unexpected decline in the stock price. A stop-loss order is an automatic sell order placed with your broker to sell a security when it reaches a certain price.

4. Monitor the options market activity, news flow, and earnings reports for MGM Resorts Intl. These factors can influence the stock price and the option value in either direction. Be prepared to adjust your strategies accordingly based on new information and changing market conditions.