I love this short version of the King Midas story.  It has a modern twist.  Midas rings the apartment buzzer at 'Olympus Towers'  Dionysus answers and grants Midas's request to turn everything to Gold.  He laughs an evil laugh as Midas leaves - perhaps the children could discuss why this is.

Children could also discuss what they would wish/ask for.

The children could rewrite this myth and write a 'two weeks later' section.  This could include him becoming rich but then starving to death. 

The simple imagery lends itself to comic strip style writing, the images of both Midas and Dionysus are simple to replicate.  The children could create a comic strip to retell the story.

The children can write a narrative about having 'The Midas Touch' deciding what everything turned to when they touched it and describing the consequences.