I bought MGM LEAP puts last week, cause unlike the hidden gems of the counter cycle this one crashes hard during tough times. And today this happened and stock tanked 12% in a single day 😱😱😱 LEAP contracts: $MGM Open Date: 09/17/2026 Type: LEAP PUT Strike: $30 Expiration: 21/01/2028 Premium: $2.00 These will be flying tomorrow with 15 more months of potential decline ahead… I think things only get worse from here. I realize I didn’t post the option details when I made the purchase, but if you guys are interested in tracking those options positions please let me know and I’ll start posting on the open and close. Not financial advice DYOR
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16 Comments
Blair
@tackaberry17 · 10dEdited
✅️ nice - I grabbed some $LVS LEAP Puts Edit: had to look the details Expiry: 1/21/28 Strike $25 @ $1.12
Eldon
@selldon · 10d
Damn… I tried to take the same put leap. Put an order in but got squeezed out… congrats on this one 🤩
Daisy Bear@daisy38 · 10d
Yes, please 🙏
Eldon
@selldon · 10d
Now, why the hell did I not think of this?? It's so obvious, if you think about it. 😅
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