Call Buying Activity in Wynn Resorts Ltd (WYNN) Targets 25% Upside in Shares Through Mid-March 2021 -Susquehanna

September 21, 2020 3:08 PM

Susquehanna options strategist Alison Edwards notes call buying activity in Wynn Resorts Ltd (NASDAQ: WYNN), as an opening investor purchased 10k Mar 80 Calls most for $10.45, untied. This investor opens upside exposure through mid-March, breaking even on a 25% rally in the underlying.

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