WYNN Trading Analysis - 10/06/2026 04:37 PM — TRU-SENTIMENT

News Headlines & Context

Recent general-knowledge context for WYNN (Wynn Resorts) that may frame the current data-driven picture:

• Wynn Macau reported soft VIP gaming volumes in latest quarter, raising concerns over Asian tourism recovery.
• WYNN announced a $1.00 annual dividend (ex-dividend Aug 14, 2026), reflecting stable shareholder returns despite price weakness.
• Las Vegas convention calendar showed moderate booking strength heading into Q4 2026.
• No major earnings catalyst before the next major options expiration (2026-11-20); fiscal year end was Dec 2025.
• Broader consumer discretionary weakness may have pressured the stock from its 52-week high of $134.72 to recent lows near $75.75.

Context: Headlines suggest fundamental stability via dividends but regional gaming softness, which aligns with the steep decline in price from August to October seen in the daily data. Options sentiment is bullish despite this, a divergence noted later.

Fundamental Analysis

Based strictly on the provided FUNDAMENTALS data for WYNN:

• Trailing P/E: 17.70; Trailing EPS: $4.36; Market Cap: $7.89B; Shares Outstanding: 102.97M.
• Dividend Yield: 1.30% (Rate $1.00, ex-date 2026-08-14); Beta: 0.83 (less volatile than market).
• 52-Week Range: $75.75 - $134.72; current price $76.57 sits near the 52-week low.
• Institutional Ownership: 66.51%; Average Volume: 2.43M; Historical Volatility: 25.96%.
• PEG Ratio, Forward P/E, P/B, Revenue, Margins, ROE, D/E, FCF: null/not provided — cannot assess growth or leverage.
• Analyst consensus and target price: not provided (null fields).

Fundamentals show a low-beta, dividend-paying stock at a valuation discount (near 52-week low, P/E 17.7) versus earlier highs. This contrasts with the bearish technical trend but aligns with bullish options sentiment anticipating a rebound.

Current Market Position

Current price (2026-10-06 close): $76.57. Daily history shows decline from $98.74 (2026-08-25) to $76.57, with 30-day range high $99.99 / low $75.91. Recent daily closes: 2026-10-05 $76.99, 2026-10-06 $76.57 (intraday high $79.11, low $76.55).

Minute bars (2026-10-05 to 2026-10-06) show opening 76.10, fading to 76.58 by 15:55 on 10-06 with volume spikes to 198,761 at final bar. Intraday momentum is flat-to-soft, closing near lows of the session.

Technical Analysis

SMAs are aligned bearish: price < SMA 5 < SMA 20 < SMA 50 (no bullish crossovers). RSI 29.93 indicates oversold momentum. MACD negative with histogram -0.86 shows bearish pressure. Price is below BB middle ($82.19) and above lower band ($73.91) — no squeeze, mild expansion lower. 30-day range: price at $76.57 is near the low end (low $75.91).

True Sentiment Analysis (Delta 40-60 Options)

Options flow (Delta 40-60 only) for 2026-10-06:

Call Volume: $953,023 (74.3%) Put Volume: $329,433 (25.7%) Total: $1,282,456

Sentiment: Bullish (call contracts 1,173 vs put 382; 35 call trades vs 33 put trades). Pure directional conviction skews heavily call-side, suggesting near-term upside expectations. Divergence: technicals are bearish (RSI oversold but trend down) while options are bullish — spread recommendation engine flagged "Divergence detected between technical indicators and options sentiment; wait for alignment."

Key Price Levels (Observational Only)