This article is about some big people who buy and sell parts of a company called Wynn Resorts. They make lots of money if they guess the right price for the company's stocks. Some of these big people think the price will go up, and others think the price will go down. The people who write this article try to find out what these big people are thinking and why they are buying or selling these stocks. They want regular people like you and me to know what is happening, so we can make good decisions about our money too. Read from source...

"The article titled `Looking At Wynn Resorts' Recent Unusual Options Activity` is based on flawed analysis, starting with the claim that unusual options activity often signals privileged information, which is not necessarily true. The article's authors also fail to consider alternative explanations for the options activity, such as hedging strategies or market speculation. Furthermore, the authors rely on questionable technical indicators, such as the RSI, to suggest that the stock is approaching overbought levels, without providing any context or analysis of the broader market conditions. Overall, the article's analysis is based on unfounded assumptions, flawed indicators, and incomplete analysis, which undermines the credibility and validity of the conclusions drawn."

1. Wynn Resorts (WYNN) is experiencing unusual options activity, with a split sentiment among major traders (75% bullish, 25% bearish). Big players seem to be eyeing a price window from $75.0 to $87.5 for Wynn Resorts during the past quarter. Retail traders should take note of this activity, as it may signal privileged information.

2. Wynn Resorts' current market status shows that the stock is trading at $75.8 with a volume of 196,639. RSI readings suggest the stock may be approaching overbought.

3. Professional analysts rate Wynn Resorts, with a consensus target price of $112.2. Morgan Stanley, JP Morgan, Wells Fargo, Deutsche Bank, and Macquarie have recently issued ratings, ranging from Equal-Weight to Outperform.

4. Trading options for Wynn Resorts comes with higher profit potential and risk. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

5. Unusual options activity and big players' sentiment splits may signal privileged information. Retail traders should consider this when making investment decisions.

6. Benzinga Pro offers real-time options trades alerts for Wynn Resorts and other stocks, providing insights and alerts from analyst ratings, free reports, and breaking news that affects the stocks you care about.

7. Despite the unusual options activity, Wynn Resorts operates luxury casinos and resorts, with four megaresorts in Macao and the US. The company is expected to continue building non-gaming attractions in Macao over the next few years. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened in June 2019. 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.

8. Investors should consider the risks associated with options trading, including higher profit potential and risk. Serious options traders manage this risk by following market trends closely, using multiple indicators, and scaling in and out of trades.

9. Given the unusual options activity and sentiment splits among big traders, retail traders should exercise caution and carefully consider their investment decisions for Wynn Resorts.

10. Benzinga's tracking of publicly available options data provides insights into Wynn Resorts' unusual options activity, highlighting the importance of staying informed and vigilant when making investment decisions.