TB11741
Short

WYNN SHORT/REVERSAL OF TREND

NASDAQ:WYNN   WYNN RESORTS LTD
64 0 1
WYNN looks to have peaked at a time China is slowing down.

WYNN is at an inflection point and pressure to the downside seems more likely. General Market direction will play a key role in WYNN's movement.

Is it a healthy consolidation on a long term uptrend. Or will exposure to China and reliance             from the consumer put pressure on margins and rapidly decrease growth.

BUY MARCH 185 PUTS@ 25
SELL the March 195 CALLS @ 1.30
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