2014-05-03 Free Trade Of The Day Featuring Wynn Resorts (WYNN)
Free Trade Of The Day Featuring Wynn Resorts (WYNN)
Notes: Wynn Resorts (WYNN) shares go ex-dividend on Tuesday, May 13th. The $1.25 dividend will be payable on Thursday, May 29th.
Wynn Resorts (WYNN) Options Trade Idea
Buy the (WYNN) Sep. $220/$260 call spread for a $12.20 debit or better
(Buy the Sep. $220 call and sell the Sep. $260 call, all in one trade)
Stop loss- None
1st upside target- $25.00
2nd upside target- $37.50
Free Trial: If you would like to know more about premium content or would like a free trial of the service, email me at Mitchell@OptionsRiskManagement.com .
Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above every week), unusual options activity reports, earnings trade ideas, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!
1 On 1 Options Mentoring: Learn more about 1 on 1 options mentoring courses that help can you improve your trading odds and risk management skills.