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Mark R. Hake, CFA

BIZARRE: Caesars entertainment stock shows unusual options activity | Mind Blowing Facts

Caesars Entertainment Caesars CZR Entertainment CSR

Caesars Entertainment (CZR) stock rose today, with unusually high call options volume activity. This was on weak legal news (casinos can use AI to set room rates, with a class action suit dismissed). As a result, call options buyers believe CZR stock will increase over the next two days.

CZR is at $43.38, up over 6.25% today, and has risen over $10 or +30% in the last month from its recent $33.20 low on Aug. 5.

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