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Posts Tagged With 'WYNN'

Posted by Martin March 29, 2017

Trading Diary #1

(Wednesday, March 29, 2017) Wow! And wow again. If you start predicting the market, this is what you get. I am glad I stopped predicting the market but focus on trading and adjusting those trades. But sometimes this can backfire too. Like my US Steel (X) trades which recently the stock acted so violently that Continue reading →

Posted by Martin August 21, 2016

What is a rationale behind trading Jade Lizards and trade management?

Jade lizard is a popular strategy yet not so very known among traders. I myself learned about this strategy just about a month ago although Tasty Trade performed studies on this strategy in 2013. But after I studied the strategy, I immediately fell in love with the strategy for benefits it provided. If you have Continue reading →

Posted by Martin July 29, 2016

$WYNN beat estimates yet gave me a headache

Today, I feel bitter about my WYNN trade. Last week I decided to take a few trades against WYNN and stretch my account a bit because I was confident that I would be out of those trades before earnings. It was a great opportunity trade! Brokers were listing that WYNN was going to report earnings Continue reading →

Posted by Martin July 25, 2016

Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 16 July The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 10-16 July 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy decreased 1.4% to 77.5%. However, average daily rate was up 3.4% to US$128.12, Continue reading →

Closing Bear Call Spread against WYNN one week earlier for 13.79% profit

Closing Bear Call Spread against WYNN one week earlier for 13.79% profit

Today I was able to close my Bear Call Spread against WYNN for a profit. I put this trade on via newsletters on October 16, 2014 with expiration next week. It was a bumpy road during last couple of weeks. I sold a 205/200 call spread and at some point when WYNN reported earnings, the Continue reading →

Posted by Martin November 03, 2011

WYNN weekly puts for income

Another trade I would like to take is some income producing trade. I will sell weekly options against my long puts. Currently I hold 1 WYNN Dec 17 2011 130 Puts and I will sell 1 WYNN Nov 11 2011 (weekly)125 Put @ limit credit 1.35 per contract. Basically this trade will be adjusted into Continue reading →

Posted by Martin November 02, 2011

Short Wynn Resorts Ltd (WYNN)

Short Wynn Resorts Ltd (WYNN)

I had a short discussion with one of my readers via emails whether I would be willing to be issuing a newsletter in which I would be presenting my trades. I am not planning to do that at this point. Maybe later. However, I will try to present some of the trades I am considering Continue reading →