Smart money is when big and smart people use their money to buy or sell things in a sneaky way. They think they know something others don't. In this case, they are buying and selling something called options for Caesars Entertainment, which is a company that owns casinos. The smart money thinks that the price of these options will go up or down, so they buy or sell them to make money. They spent over 1 million dollars on these options. Read from source...

- The article is based on options trades detected by Benzinga's scanner, which may not reflect the actual intentions or strategies of the traders. It also does not account for the possibility of errors or manipulation in the data. Therefore, it is not a reliable source of information to determine smart money betting behavior.
- The article uses vague and subjective terms such as "smart money", "betting big", and "expected price movements" without providing any clear definition or evidence for them. These terms are meant to create a sense of urgency and excitement among the readers, but they do not add any value to the analysis.
- The article does not provide any context or background information about Caesars Entertainment, its industry, its competitors, its financial performance, or its recent news. This makes it impossible for the readers to understand the relevance or significance of the options trades. Moreover, it suggests that the author has a superficial and biased view of the company and its prospects.
- The article does not include any charts, graphs, or statistics to support the claims or arguments made by the author. It relies solely on anecdotal evidence and subjective opinions, which are not sufficient to justify the conclusions drawn from the options trades. Additionally, it fails to cite any credible sources or references for the data or information used in the article.
- The article has a strong emotional tone and uses words such as "huge", "stunning", "shocking", "amazing", and "dramatic" to capture the attention of the readers and persuade them to take action. However, these words are not appropriate or justified for an informative and analytical article. They also imply that the author has a personal stake or agenda in the options trades, which may influence his or her objectivity and integrity.

Positive

Key points:
- Smart money is betting big in CZR options, as shown by the high volume and value of trades detected by Benzinga's options scanner.
- The trading activity suggests that the smart money expects a significant price movement in either direction for Caesars Entertainment stock.

1. Buy CZR Jan 20 2024 $85 call options at a price of $3.70 or lower. This trade offers a potential return of over 160% if CZR reaches or exceeds $91 by January 20, 2024. The risk is limited to the premium paid for the options, which is about 8% of the stock price.

2. Sell CZR Jan 20 2024 $75 put options at a price of $1.90 or higher. This trade generates a potential income of over 36% if CZR stays above $75 by January 20, 2024. The risk is limited to the premium received for the options, which is about 9% of the stock price.

3. Buy CZR Jan 20 2024 $60 call options at a price of $1.50 or lower. This trade offers a potential return of over 320% if CZR reaches or exceeds $70 by January 20, 2024. The risk is limited to the premium paid for the options, which is about 6% of the stock price.

4. Sell CZR Jan 20 2024 $55 put options at a price of $1.10 or higher. This trade generates a potential income of over 48% if CZR stays above $55 by January 20, 2024. The risk is limited to the premium received for the options, which is about 7% of the stock price.

5. Buy CZR Jan 20 2024 $45 call options at a price of $1.00 or lower. This trade offers a potential return of over 530% if CZR reaches or exceeds $57 by January 20, 2024. The risk is limited to the premium paid for the options, which is about 6% of the stock price.

6. Sell CZR Jan 20 2024 $35 put options at a price of $0.80 or higher. This trade generates a potential income of over 72% if CZR stays above $35 by January 20, 2024. The risk is limited to the premium received for the options, which is about 12% of the stock price.