Wynn Resorts (WYNN) Example Trade

Scott takes a look at the directional price and magnitude of the expected move on WYNN before earnings. With four days to expiration, Scott sets up a two leg neutral to bearish trade known as a short call vertical. It is a defined risk and defined return setup that achieves max profit is the stock remains below the short option portion at the time of expiration.

Your First Trade

13 May 2021

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Wynn Resorts (WYNN) Example Trade

Scott takes a look at the directional price and magnitude of the expected move on WYNN before earnings. With four days to expiration, Scott sets up a two leg neutral to bearish trade known as a short call vertical. It is a defined risk and defined return setup that achieves max profit is the stock remains below the short option portion at the time of expiration.

Your First Trade

13 May 2021