Bearish flow noted in Wynn Resorts (WYNN) with 3,098 puts trading, or 2x expected. Most active are Jun-25 65 puts and Jan-25 92.5 calls, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 5th.
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