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Wynn Resorts put buyer realizes 123% same-day gains
The Fly

Wynn Resorts put buyer realizes 123% same-day gains

Notable profits for the buyer who lifted the $0.31 offer for 1,619 Wynn Resorts (WYNN) 12/2 weekly 67 puts yesterday at 09:30ET when underlying shares were trading at $75.25. Shares closed at $74.93, and the puts at $0.69 for a mark-to-market profit of 123%, or $62K, on the $50K outlay.

Published first on TheFly

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