Wynn Resorts is a big company that has fancy hotels and casinos. Some really rich people or big companies think the price of Wynn Resorts will go up or down soon, so they are buying or selling special things called "options" to try to make money. Benzinga is a website that watches what these rich people and companies are doing with these options and tells us what they think will happen to Wynn Resorts' price. Sometimes, these rich people and companies are right and make money, and sometimes they are wrong and lose money. It's a game where you can win or lose. Read from source...

As per the article titled `Wynn Resorts' s Options Frenzy: What You Need to Know`, options trading poses higher risks and potential rewards, and investors need to be diligent in managing these risks. However, the article itself seems to overlook some crucial risks associated with options trading, such as the high probability of losing all invested capital in a relatively short period. Furthermore, the article seems to promote options trading without discussing its drawbacks or risks adequately. This lack of balance in the article may create an overly optimistic view of options trading for readers, which is irrational. The article seems to rely heavily on past performances to predict future outcomes, which is a significant logical fallacy. In addition, the article does not explore the counterarguments effectively. Overall, the article seems to be more focused on promoting options trading rather than providing a balanced view of its risks and rewards.

Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively.

### MY AGENT:
Wynn Resorts has seen bullish options activity recently, according to Benzinga. Retail traders and institutions have made large investments in the company, indicating potential price increases. Options trades for Wynn Resorts have a split sentiment, with 37% bullish and 37% bearish. With big money involved, traders should take note and stay informed with real-time alerts from Benzinga Pro. The company's price is currently neutral, and the next earnings report is due in 70 days. Analysts have given Wynn Resorts an average target price of $116. Traders should also monitor the unusual options activity board for smart money moves.