Wynn Resorts Limited (WYNN)
Wynn Resorts Max Pain By Strike
WYNN trades at $122.25, pinned near the near-term max pain of $120 expiring Sep 12, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($80-$127), signaling increased put positioning or downside protection. Key magnetic zone at 95 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Wynn Resorts Max Pain By Expiry
Max pain for WYNN shows a downward trend from 127 to 80, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Most levels below 122.25 may cap rallies. Strong magnetic level at 95 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 12, 2025 | 120 | -2.25 (-1.84%) |
| Sep 19, 2025 | 80 | -42.25 (-34.56%) |
| Sep 26, 2025 | 119 | -3.25 (-2.66%) |
| Oct 3, 2025 | 125 | 2.75 (2.25%) |
| Oct 10, 2025 | 127 | 4.75 (3.88%) |
| Oct 17, 2025 | 115 | -7.25 (-5.93%) |
| Oct 24, 2025 | 120 | -2.25 (-1.84%) |
| Dec 19, 2025 | 95 | -27.25 (-22.29%) |
| Jan 16, 2026 | 95 | -27.25 (-22.29%) |
| Mar 20, 2026 | 95 | -27.25 (-22.29%) |
| Jun 18, 2026 | 100 | -22.25 (-18.20%) |
| Sep 18, 2026 | 105 | -17.25 (-14.11%) |
| Dec 18, 2026 | 80 | -42.25 (-34.56%) |
| Jan 15, 2027 | 95 | -27.25 (-22.29%) |