Jul. 10 at 10:27 PM
Wynn Resorts options trading rose to 9,741 contracts by 9:10 p.m. Friday, according to Bloomberg data, with activity overwhelmingly driven by bullish positioning as call volume reached 8,810 contracts compared with just 931 puts. The most actively traded contract was the Jan. 15, 2027
$115 call, which accounted for 3,532 contracts and carried open interest of 253. The Jan. 15, 2027
$120 call also saw heavy activity, trading 2,850 contracts with open interest of 424.
The elevated call buying came as Wynn Resorts shares gained 1.4% to
$100.21 during Friday's session. Meanwhile, the company's three-month implied volatility fell 0.77 percentage points to 36.85%, suggesting lower expectations for future price swings, while the three-month 90/110 skew edged up to 4.19%, reflecting modestly stronger demand for upside call options. Open interest figures are based on Thursday's close unless otherwise noted.
$WYNN