WYNN was advertised here on November 4, and now I'm booking it and 68 and change.
And if you don't want to take the 13 points, because you want the $4 dividend, then sell some calls on this number, to bring in more premium before it goes ex. WYNN goes ex-dividend of $4 on Tuesday.
I know the stock hasn't really down ticked this week, but that's why I'm booking it here. For me, it was a short term trade!
And all this in the money calls will be out by $4 on Tuesday. That's why I'm hitting it here.
I think the pros will do the same.
After I mention it!
The longs have squeezed the fantasy shorters who don't want to pay the $4 juice.
And it's enough for me!