Find out what whales are doing with CZR – Caesars Entertainment (NASDAQ:CZR)

A whale with lots of money to spend has taken a distinctly bullish stance on Entertainment Caesars.

Review of Options History for Caesars Entertainment CZR we have detected 13 strange trades.

Looking at the specifics of each trade, it is correct to say that 53% of investors opened trades with bullish expectations and 46% with bearish expectations.

Of all the transactions identified, 3 are puts, for a total amount of $131,613 and 10 are calls, for a total amount of $434,250.

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have been targeting a price range of $27.0-$40.0 for Caesars Entertainment over the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a security.

This data can help you track the liquidity and interest of Caesars Entertainment options for a given strike price.

Below we can observe the evolution of volume and open interest in calls and puts, respectively, for all of Caesars Entertainment’s whale business within a strike price range of 27 $.0 to $40.0 in the last 30 days.

Caesars Entertainment Options volume and open interest in the last 30 days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
CZR CALL TRADE BULLISH 12/16/22 $32.00 $90,000 204 200
CZR PUT SWEEP BULLISH 12/16/22 $40.00 $75,100 1.1K 110
CZR CALL SWEEP BULLISH 10/14/22 $35.00 $57,000 480 450
CZR CALL SWEEP BULLISH 07/10/22 $32.00 $52,800 227 100
CZR CALL TRADE NEUTRAL 03/17/23 $40.00 $44.8,000 46 80









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
CZR CALL TRADE BULLISH 12/16/22 $32.00 $90,000 204 200
CZR PUT SWEEP BULLISH 12/16/22 $40.00 $75,100 1.1K 110
CZR CALL SWEEP BULLISH 10/14/22 $35.00 $57,000 480 450
CZR CALL SWEEP BULLISH 07/10/22 $32.00 $52,800 227 100
CZR CALL TRADE NEUTRAL 03/17/23 $40.00 $44.8,000 46 80

Where is Caesars Entertainment right now?

  • With a volume of 7,405,469, the price of CZR is up 11.42% to $38.05.
  • RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold.
  • The next results should be published in 28 days.

What the experts say about Caesars Entertainment:

  • Susquehanna has decided to maintain its negative rating on Caesars Entertainment, which currently sits at a price target of $27.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Caesars Entertainment, Benzinga Pro gives you real-time options trade alerts.

About Mildred B.

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