WYNN

Once the virus starts getting cleared up this could be a good one. For now not so much…

Wynn Resorts put volume heavy and directionally bearish (TheFlyOnTheWall)
THE FLY 9:35 AM ET 1/24/2020
Symbol Last Price Change
WYNN 135.1up -4.01 (-2.88%)
QUOTES AS OF 10:35:23 AM ET 01/24/2020
Bearish flow noted in Wynn Resorts(WYNN) with 10,307 puts trading, or 4x expected. Most active are 1/24 weekly 140 calls and 1/24 weekly 135 puts, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 1.66, while ATM IV is up over 2 points on the day. Earnings are expected on January 30th.