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Wynn Resorts, Limited (WYNN)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 91.52 +1.02%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±4.3%
Expected range 87.8995.88
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.31.7%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 47/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.2.24
P/C open interest0.51
Next earnings Nov 05

Cboe delayed options data · as of 12:39 UTC · Figures derived from the full chain (1,174 contracts, 16 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

87.8995.8891.88 current

Options are pricing a move of about ±4.3% (range 87.89–95.88) by Sep 18, 2026. ATM straddle: 4.00 @ strike 92 · ATM IV: 25.9%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

91.8887.8995.88
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
82.69 -10% 97.6% 2.4%
87.29 -5% 82.9% 17.1%
91.88 +0% 49.0% 51.0%
96.47 +5% 16.9% 83.1%
101.07 +10% 3.2% 96.8%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±2.3% 38.2% 6,427
Sep 11, 2026 8 ±3.0% 23.7% 2,392
Sep 18, 2026 15 ±4.3% 25.9% 62.8K
Sep 25, 2026 22 ±5.2% 25.9% 651
Oct 02, 2026 29 ±7.2% 31.3% 309
Oct 09, 2026 36 ±8.6% 33.7% 77
Oct 16, 2026 43 ±8.7% 31.1% 7,481
Nov 20, 2026 78 ±13.8% 37.1% 35.5K
Dec 18, 2026 106 ±14.6% 33.7% 44.3K
Jan 15, 2027 134 ±16.0% 33.0% 58.5K
Feb 19, 2027 169 ±19.2% 35.4% 6,737
Mar 19, 2027 197 ±20.3% 34.8% 6,076

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

70.0082.5087.5091.0094.0097.50101.0105.0109.0113.091.88
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 120 C · 19.8K125 C · 14.1K115 C · 4,623130 C · 4,050110 C · 2,772

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

22%28%34%41%1d29d197d

When does open interest expire?

27%This month69%Later

Implied vs realized volatility

24.9%28.3%31.6%35.0%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Nov 24-9.4%Feb 25+13.3%May 25+1.4%Aug 25-0.7%Nov 25+0.8%Feb 26-1.8%May 26-4.8%Aug 26+2.8%
implied (when recorded)actual reaction

Avg |reaction| 3.6% · median 2.3% (20 reports) — two-session close-to-close window; definition

About Wynn Resorts, Limited

Wynn Resorts, Limited excels in the conceptualization, development, and operation of upscale integrated resort properties. The Wynn Palace, situated in Cotai, boasts a gaming floor spanning 424,000 square feet, which includes 323 table games, 1,035 slot machines, exclusive private gaming salons, and sky casinos. Accommodations are offered in a luxurious hotel tower featuring 1,706 guest rooms, suites, and villas, complemented by a health club, spa, salon, and swimming pool. This location further provides 14 distinct food and beverage establishments, 107,000 square feet for retail, 37,000 square feet of conference and event space, alongside a performance lake and elaborate floral displays. The Wynn Macau resort presents a 252,000 square-foot casino housing 331 table games, 818 slot machines, private gaming salons, sky casinos, and a dedicated poker room. Its two opulent hotel towers collectively feature 1,010 guest rooms and suites, enhanced by two health clubs, two spas, a salon, and a swimming pool. Guests also have access to 14 dining and drinking venues, 59,000 square feet of shopping areas, 31,000 square feet of meeting and convention facilities, and a unique Chinese zodiac-ins

Consumer Cyclical · Gambling, Resorts & Casinos · NASDAQ · Profile: Financial Modeling Prep

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