$WYNN Bottom In?

$WYNN is down over $100 from the record high the stock hit earlier this year.  Macau revenue was down some 20% in November. I think the sell off is overdone for the short term and will look for calls to capitalize on this possible move.

The DEC $141 calls $.94

Next weeks $142 calls  $1.31


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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