Caesars Entertainment

u/iammtopher · Reddit — r/options · January 09, 2026 at 20:34 · 💬 20 comments  | View on Reddit ↗
AI Summary

Original Reddit post

Author is bullish on Caesars Entertainment calls, citing bank upgrades, potential 200 SMA cross, cheap premium, and a view that the beaten-down S&P 500 member is a steal.

CZR — LONG The author argues Caesars has been beaten down since COVID, just received big bank upgrades, and is about to cross its 200 SMA while remaining in the S&P 500, making it a steal. They loaded 50% of their portfolio into calls because premiums are cheap and expect further upside. This call position is a directional bet on the underlying Caesars stock; returns would track the underlying, not option-specific P&L.

Stock has been wailed on since COVID. Just got some big upgrades from banks. Loaded up 50% of portfolio in calls. About to cross 200 sma while still in the s&p 500 at this price to me it’s a steal.

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Ideas
u/iammtopher Reddit r/options
Caesars rebound calls on upgrades and 200 SMA cross
The author argues Caesars has been beaten down since COVID, just received big bank upgrades, and is about to cross its 200 SMA while remaining in the S&P 500, making it a steal. They loaded 50% of their portfolio into calls because premiums are cheap and expect further upside. This call position is a directional bet on the underlying Caesars stock; returns would track the underlying, not option-specific P&L.
CZR HIGH
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This Reddit post, published January 09, 2026, features u/iammtopher discussing CZR. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/iammtopher  · Tickers: CZR