Unusual Options Activity: Melco Resorts & Entertainment Limited (MLCO)

Surge January 2020 put buying. On Tuesday, over 3,050 contracts traded on the January 2020 $19 put options on Melco Resorts & Entertainment (MLCO). With a prior open interest of 163, this is a 19-fold surge in volume for the option contract. With shares of the company currently trading just over $20, it’s a bet […]