Wynn Resorts, Limited (NASDAQ:WYNN) shares are trading higher by $4.58 (3.3 percent) at $146.91 in Monday's session.
All gaming stocks have suffered declines since the mass shooting in Las Vegas on the evening of Oct. 1.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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Related: 5 Ways To Help Las Vegas Massacre Victims
The Friday prior to the shooting, Wynn ended its Sept. 29 session at $148.92 and traded as low as $139.20 on Oct. 9. it's getting back a majority of that decline in today's session.
After a higher open, Wynn had only a 14-cent retreat to $144.79 before continuing its move higher. So far, the ensuing rally has come up just of the its closing price ($148.92) prior to the unfortunate event as $148.14 stands at the high for the session as of 11:53 a.m. EST.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.