AI WYNN Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Wynn Resorts is poised for growth as Macau's recovery accelerates and Las Vegas events drive high foot traffic, supported by analysts’ optimistic price targets upwards of 40%.


Bearish Case: Market volatility persists with historical price trends showing a potential decline, compounded by regulatory issues and ongoing challenges in the online betting sector.


Potential Outcomes:

1) 60% chance of a sustained rally due to positive tourism metrics;

2) 30% chance for stagnation amidst ongoing operational challenges;

3) 10% chance of sharp declines due to adverse regulatory news.


Trading Oracle: Consider a bullish debit spread strategy by buying the $80 call and selling the $85 call expiring after the Formula 1 events, aiming for a high probability of profit due to bullish sentiment and recent volatility trends.


August 28, 2024


Wynn Resorts Forecast

WYNN      Wynn Resorts











Correlated Assets

Assets that tend to move strongly with WYNN



ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.82)


ZBH Forecast + Options Trading Strategies   ZBH  Zimmer Biomet (0.8)


OLN Forecast + Options Trading Strategies   OLN  Olin (0.8)


LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (0.79)


FTV Forecast + Options Trading Strategies   FTV  Fortive (0.79)



Uncorrelated Assets

Assets with little price relationship to WYNN



YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.0)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (-0.0)


NTRS Forecast + Options Trading Strategies   NTRS  Northern (0.0)


IOT Forecast + Options Trading Strategies   IOT  Samsara (-0.0)


XPEV Forecast + Options Trading Strategies   XPEV  XPeng (0.0)



Anticorrelated Assets

Assets that tend to move strongly against WYNN



CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (-0.6)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.63)


LNTH Forecast + Options Trading Strategies   LNTH  Lantheus (-0.64)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.66)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.8)





Become a more profitable investor with AI optimized trading strategies






×

Chat with WYNN


 Ask any question about WYNN!