Bearish flow noted in Wynn Resorts (WYNN) with 8,506 puts trading, or 7x expected. Most active are May-26 115 puts and Sep-26 115 puts, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 4.66, while ATM IV is up nearly 5 points on the day. Earnings are expected on February 12th.
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