A Closer Look at Wynn Resorts’s Options Market Dynamics

Published by
Benzinga

Whales with a lot of money to spend have taken a noticeably bearish stance on Wynn Resorts. Looking at options history for Wynn Resorts (NASDAQ:WYNN) we detected 12 trades. If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $278,734 and 10, calls, for a total amount of $1,123,296. What’s The Price Target?Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window f…

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