Tag Archives: WYNN

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CBOE Mid-Day Update 6.8.15

Volatility as an asset class The shares of companies that own casinos in Macau are falling this morning. Research firm Sterne Agee wrote that revenue from the region’s table games appears to have fallen sharply in the first week of June. Macau reported last week that its gross gaming revenue fell 37% year-over-year in May. […]






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CBOE Mid-Day Update 12.10.14

Volatility as an asset class Las Vegas Sands (LVS) is recently down $1.94 to $54.17 after FBR lowered its estimates for LVS, Wynn Resorts (WYNN) and MGM Resorts (MGM) citing the 20% decline in Macau gross gaming revenue in November and a “soft” first week of December.  December call option implied volatility is at 36, […]






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Blogging Options: CBOE Morning Update 10.29.14

Stocks mixed to modestly higher as FOMC minutes to be released early this morning.  Volatility as an asset class Facebook (FB) is down $4.37 to $76.35 following the company’s warning of a dramatic increase in spending in 2015 and projected slowdown in revenue growth this quarter. Facebook October weekly call option implied volatility is at […]






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Blogging Options: CBOE Morning Update 7.29.14

Slow news-night.  Overseas markets up fractionally as 2-day FED meeting begins, and few newsworthy comments expected.  VIX futures calm overnight.  Beautiful weather in midwest again this week, trains empty coming into downtown Chicago.  little Volatility as an asset classUPS (UPS) is down $3.00 to $99.66 in the premarket after cutting FY14 adjusted EPS view to […]






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CBOE Mid-Day Update 4.1.14

Markets higher but gains cut in half in last hour.  Option volume < 10 million contracts.  SPX with 500k and VIX ~287k contracts. Las Vegas Sands (LVS) is up $1.83 to $82.61 after Macau reported on its website earlier today that monthly gross revenue at its casinos jumped 13% last month compared to last year. […]






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Blogging Options: CBOE Mid-day Update 1.31.14

Volatility as an asset class MasterCard (MA) is recently down $3.66 to $76.10 after reporting Q4 EPS 57c ex-items, consensus 60c. February, March, April and July call option implied volatility of 26 is above its 26-week average of 23. Wynn Resorts (WYNN) is recently up $11.47 to $212.20 after the global leisure; entertainment resort company […]






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Weekend Review – 11/3/2013

Barron’s – The striking price column discussed mutual funds this week.  No, the column has not changed its focus.  The discussion was about mutual funds that have an option component to their strategy.  It was noted that covered call strategies can underperform in strong market environments like we are experiencing in 2013.  However, it is […]






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Blogging Options: CBOE Morning Update 7.29.13

Volatility as an asset class Wynn Resorts (WYNN) is down $1.46 to $129.51 in the premarket on a smaller than expected profit growth at its Macau operations. Overall option implied volatility of 33 is above its 26-week average of 27. Hertz Global (HTZ) is off $0.78 to $26.11 after the car-rental company reported Q2 net profit […]