tiprankstipranks
Wynn Resorts put volume heavy and directionally bearish
The Fly

Wynn Resorts put volume heavy and directionally bearish

Bearish flow noted in Wynn Resorts with 17,238 puts trading, or 1.1x expected. Most active are Jan-24 75 puts and Dec-23 90 calls, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on February 7th.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on WYNN:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App