Wynn Resorts (WYNN) Rocket As Reopening Begins

Wynn Resorts (WYNN) is making a sizable move to the upside. Alex Coffey and Jenny Horne discuss WYNN as the Macau government announced more reopening targets. The government notes that tour groups from China can resume as early as November. Alex and Jenny talk about how Jeffries upgraded WYNN from buy to hold and raised its price target to $75 from $62. Alex then demonstrates an example trade using WYNN. The trade type is buy a call vertical and the direction is bullish. Tune in to find out more about the stock market today.