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Wynn Resorts put volume heavy and directionally bearish
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Wynn Resorts put volume heavy and directionally bearish

Bearish flow noted in Wynn Resorts with 17,238 puts trading, or 1.1x expected. Most active are Jan-24 75 puts and Dec-23 90 calls, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on February 7th.

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