WYNNWynn Resorts Ltd
Options Analysis Report•HOTELS & MOTELS
Market Cap $9.9B|NASDAQ
● 2026-05-15$95.43
NEUTRAL
Analysis: 2026-05-14 EOD data
1Y -2.4%YTD -22.1%7D -6.8%
Options Vol
4,873
30D
Implied Move
±10.7%
IV Rank
29%
WYNN Options Overview
Mixed signals. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Loading score history...
Value
Is IV priced right?
5.3
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks4/9 checks passed
IV Rank
≤35%IV Rank 67.0% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.39x — IV premium over HV
Sector Relative≤50%
Sector percentile 51% — above sector median
Term Structure
<1.1xFront/Back 1.01x — flat
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 40.1% — normal range
Spread-Adjusted Value
<80%Effective IV 79.1% (ATM 40.1% + spread 19.5% + bias) — fair
Execution Efficiency
<3.0%Total drag 30.62% (spread 19.52% + slippage 11.10%) — high friction
Vega Efficiency
≥5.0Vega efficiency 3.95 (vega 7.715 / spread 19.52%) — spread drag
Sentiment
Bullish or bearish?
5.4
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksVery Bearish - Strong signal (Conviction: -32%, Raw: -36%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -32% (strong bearish) — Raw: -36%
OI Skew Magnitude
≥15%|OI skew| 46.9% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +50.8%, OI skew +46.9% — aligned
Conviction Quality
≥2/3 conditions0-DTE 48%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -4%, ATM: +1%, OTM: -54% — neutral (ITM/ATM divergent)
Sector Relative≤40% or ≥60%
Sector P/C percentile 24% — very bullish vs sector
Activity
Unusual activity?
3.0
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks1/9 checks passed
Volume Surge
≥1.5xVolume 0.8x avg — normal
Turnover Rate
≥15%Vol/OI 1.6% — normal turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +2.6% (5d) — building
Sector Relative≥60%
Sector activity percentile 12% — quiet vs sector
Trade Quality
≥30%Large trade volume 13% — mostly retail
Execution Urgency
≥60%Aggressive execution 36% — patient
Flow Conviction
≥30Conviction -32 (bearish) — moderate
Liquidity
Can I trade efficiently?
3.5
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 19.5% — wide
Adequate OI
≥10,000OI 310,934 — deep
Active Volume
≥500Volume 4,873/day — adequate
Reasonable Cost
≤$0.50$0.98 to cross — expensive
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 52% — neutral vs sector
Order Book Depth
≥100 contractsDepth 233.4 contracts (bid:125.5 ask:107.9) — adequate
Execution Quality
<1.0%Avg slippage 11.10% — poor
Timing
Is now a good time?
7.3
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks6/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +0.8% — flat/unclear
IV Percentile Clarity
<30 or >70IV percentile 67% — neutral
Event Detection
≥10pts kinkIV kink 1.9pts — no clear event
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 81.21 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)safe window: No events detected
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -32% @ 66% consistency — moderate (bearish)
Smart Money Timing
≥40 composite scoreScore 43 (ITM 20% + inst 13%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls5.3
bullishIV fair, mixed flow
Long Puts5.1
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.1
bullishIV fair, mixed flow
Covered Call4.8
bearishIV fair, mixed flow
For educational purposes only. Not investment advice.