Bearish flow noted in Wynn Resorts (WYNN) with 2,942 puts trading, or 1.9x expected. Most active are Jan-26 120 puts and 12/12 weekly 118 puts, with total volume in those strikes near 710 contracts. The Put/Call Ratio is 1.55, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 12th.
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