Wynn (WYNN) Offering Possible 42.45% Return Over the Next 17 Calendar Days

Wynn's most recent trend suggests a bearish bias. One trading opportunity on Wynn is a Bear Call Spread using a strike $136.00 short call and a strike $141.00 long call offers a potential 42.45% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $136.00 by expiration. The full premium credit of $1.49 would be kept by the premium seller. The risk of $3.51 would be incurred if the stock rose above the $141.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Wynn is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Wynn is bearish.

The RSI indicator is at 60.34 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Wynn

Today's charts: Oil giants brace for Hurricane Harvey; Mayweather-McGregor brings big bets to Vegas; Tesla in focus
Fri, 25 Aug 2017 16:36:08 +0000
Yahoo Finance is tracking Exxon, Anadarko Petroleum, Royal Dutch Shell, ConocoPhillips, Wynn Resorts, MGM Resorts, CBS and Tesla in intraday trading on Friday.

Today's charts: Oil companies brace for Hurricane Harvey; Mayweather-McGregor brings big bets to Vegas; Tesla in focus
Fri, 25 Aug 2017 16:26:29 +0000
Yahoo Finance's Seana Smith is tracking Exxon, ConocoPhillips, MGM Resorts, Wynn Resorts and Tesla in intraday trading on Friday.

Wynn Resorts (WYNN) Up 2% Since Earnings Report: Can It Continue?
Fri, 25 Aug 2017 12:53:12 +0000
Wynn Resorts (WYNN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Top Gainers in the Consumer Sector August 14–18, 2017
Mon, 21 Aug 2017 18:07:41 +0000
New York–based Estée Lauder (EL) announced its fiscal 4Q17 results on August 18, 2017. EPS of $0.51 was 21.4% higher than the year-ago quarter.

The Money Lost at Macau Table Games Will Shock You
Mon, 21 Aug 2017 17:51:00 +0000
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