Financial giants have made a conspicuous bullish move on Wynn Resorts. Our analysis of options history for Wynn Resorts WYNN revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $587,624, and 5 were calls, valued at $237,355.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $77.5 to $85.0 for Wynn Resorts over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Wynn Resorts options trades today is 1204.67 with a total volume of 2,773.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Wynn Resorts's big money trades within a strike price range of $77.5 to $85.0 over the last 30 days.
Wynn Resorts Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WYNN | PUT | TRADE | BEARISH | 03/21/25 | $2.67 | $2.55 | $2.67 | $77.50 | $534.0K | 2.8K | 2.0K |
| WYNN | CALL | SWEEP | BEARISH | 03/21/25 | $5.55 | $5.5 | $5.5 | $80.00 | $63.8K | 749 | 116 |
| WYNN | CALL | SWEEP | BULLISH | 03/21/25 | $3.15 | $3.0 | $3.15 | $85.00 | $54.1K | 865 | 41 |
| WYNN | CALL | SWEEP | NEUTRAL | 02/21/25 | $4.3 | $4.25 | $4.25 | $80.00 | $53.1K | 777 | 126 |
| WYNN | CALL | SWEEP | BULLISH | 02/21/25 | $4.0 | $3.95 | $4.0 | $80.00 | $39.6K | 777 | 254 |
About Wynn Resorts
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively.
Where Is Wynn Resorts Standing Right Now?
- With a trading volume of 1,013,879, the price of WYNN is down by -0.51%, reaching $81.24.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 7 days from now.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wynn Resorts, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
