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Put Buyers Rake in Profits in $WYNN

Option Traders took advantage of WYNN failing to break through the 50 day Simple Moving Average and the market selling off.  One of our Lighthouse Point Subscribers  (after our webinar) jumped in the puts but rolled out for more time and bigger profits and gave some back. Even with  giving half of 159% profits back, […]

By Ryan Mastro | Market Rebellion · March 8, 2018
Put Buyers Rake in Profits in $WYNN

Option Traders took advantage of WYNN failing to break through the 50 day Simple Moving Average and the market selling off.  One of our Lighthouse Point Subscribers  (after our webinar) jumped in the puts but rolled out for more time and bigger profits and gave some back.

Even with  giving half of 159% profits back, it is still a solid trade and one that everyone can learn from.

Congrats Ariel on the Profits and learning while making money!