UCPTD STWTME | TRADE ALERT > ITM > CCW on WYNN > 1.33% > 9 days

Hi Everyone!

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TRADE ALERT > ITM > CCW on WYNN > 1.33% > 9 days

I'm watching WYNN for a weekly ITM Covered Call. I would purchase 100 (or more shares) at its current price (based on the timestamp of this email) which is $82.49 per share. I would then sell the ITM > $81.00 strike and collect some $2.59 in premium ... $1.49 would represent intrinsic value leaving the remaining $1.10 in premium profit Trading at levels it hasn't since last year ... yet still staying above $80x ...  I BOUGHT 500 SHARES AND HAVE THIS CCW IN LIMIT ... will update

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Yahoo Chart >		https://finance.yahoo.com/quote/WYNN?p=WYNN
What trades do I favor and would consider?
> CCW > Buy shares and write a covered call
Skin? YES		Would I add a position? Yes, outlined above
As always, do your due diligence and this is not a recommendation
Until next time, I wish you the very Best In Trading!
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Regards,
John
email me corepositiontrading@gmail.com
Remember, this is not financial advice, this content is for informational, entertainment and educational purposes only. This is not financial advice. If you invest using information contained here, do so at your own risk. Please read the full disclaimer posted below and visit cptdashboard.com for my privacy policy.
Disclaimer - Yes - at the time of this posting I do own shares. I am by no means recommending this stock for purchase or using its options in a trade for you
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