MGM · Wheel
MGM Resorts International Common Stock (MGM) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- 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
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
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$1,181.00 | Update time unavailable | ||
| -$1,151.00 | Update time unavailable | ||
| -$1,121.00 | Update time unavailable | ||
| -$1,091.00 | Update time unavailable | ||
| -$1,061.00 | Update time unavailable | ||
| -$1,031.00 | Update time unavailable | ||
| -$1,001.00 | Update time unavailable | ||
| -$971.00 | Update time unavailable | ||
| -$941.00 | Update time unavailable | ||
| -$911.00 | Update time unavailable | ||
| -$881.00 | Update time unavailable | ||
| -$851.00 | Update time unavailable | ||
| -$821.00 | Update time unavailable | ||
| -$791.00 | Update time unavailable | ||
| -$761.00 | Update time unavailable | ||
| -$731.00 | Update time unavailable | ||
| -$701.00 | Update time unavailable | ||
| -$671.00 | Update time unavailable | ||
| -$641.00 | Update time unavailable | ||
| -$611.00 | Update time unavailable | ||
| -$581.00 | Update time unavailable | ||
| -$551.00 | Update time unavailable | ||
| -$521.00 | Update time unavailable | ||
| -$491.00 | Update time unavailable | ||
| -$461.00 | Update time unavailable | ||
| -$431.00 | Update time unavailable | ||
| -$401.00 | Update time unavailable | ||
| -$371.00 | Update time unavailable | ||
| -$341.00 | Update time unavailable | ||
| -$311.00 | Update time unavailable | ||
| -$281.00 | Update time unavailable | ||
| -$251.00 | Update time unavailable | ||
| -$221.00 | Update time unavailable | ||
| -$191.00 | Update time unavailable | ||
| -$161.00 | Update time unavailable | ||
| -$131.00 | Update time unavailable | ||
| -$101.00 | Update time unavailable | ||
| -$71.00 | Update time unavailable | ||
| -$41.00 | Update time unavailable | ||
| -$11.00 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Spot reference | Update time unavailable | |
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update time unavailable | ||
| $19.00 | Update 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.
Stage C would sell a $33.00 call for about $0.28, lowering the effective basis further.
Next steps
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.