MGM · Cash-Secured-Puts

MGM Resorts International Common Stock (MGM) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$30.00
Modelled strike
$27.00
Modelled premium
$0.19
Cash required
$2,700.00
Breakeven
$26.81
Downside buffer
10.6%
Period return
0.7%
Annualized return
13.1%
Days to expiration
21
Strategy payoffModelled cash-secured put payoff. Spot $30.00. Expiry maximum profit $19.00 · Expiry maximum loss -$2,681.00 · Expiry breakevens $26.81. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$15.00Expiration P/L -$1,181.00Update time unavailable
Event / reference markers
  • Spot: $30.00
  • Expiry breakeven $26.81: $26.81
  • sell put strike $27.00: $27.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$1,181.00Update time unavailable
-$1,151.00Update time unavailable
-$1,121.00Update time unavailable
-$1,091.00Update time unavailable
-$1,061.00Update time unavailable
-$1,031.00Update time unavailable
-$1,001.00Update time unavailable
-$971.00Update time unavailable
-$941.00Update time unavailable
-$911.00Update time unavailable
-$881.00Update time unavailable
-$851.00Update time unavailable
-$821.00Update time unavailable
-$791.00Update time unavailable
-$761.00Update time unavailable
-$731.00Update time unavailable
-$701.00Update time unavailable
-$671.00Update time unavailable
-$641.00Update time unavailable
-$611.00Update time unavailable
-$581.00Update time unavailable
-$551.00Update time unavailable
-$521.00Update time unavailable
-$491.00Update time unavailable
-$461.00Update time unavailable
-$431.00Update time unavailable
-$401.00Update time unavailable
-$371.00Update time unavailable
-$341.00Update time unavailable
-$311.00Update time unavailable
-$281.00Update time unavailable
-$251.00Update time unavailable
-$221.00Update time unavailable
-$191.00Update time unavailable
-$161.00Update time unavailable
-$131.00Update time unavailable
-$101.00Update time unavailable
-$71.00Update time unavailable
-$41.00Update time unavailable
-$11.00Update time unavailable
-$0.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Spot referenceUpdate time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable
$19.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $26.81 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 7, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.