This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Las Vegas Sands Draws Large Bet

By Chris McKhann, analyst at OptionMonster

Las Vegas Sands (LVS - Get Report) is drawing a large block of calls as its shares hover near their 52-week low.

OptionMonster's tracking systems show one block of 37,478 calls bought at the June 7.5 strike for 25 cents Monday against open interest of 2,139. The average volume for the last month is 14,953 contracts.

Shares of Las Vegas Sands ended Monday's session down nearly 4% at $2.19, just above the low of $2.13 set last Wednesday. This stock was above $80 a year ago and near $60 in August.

The shares will need to increase more than 200% for the calls to be profitable at expiration.

At the time of publication, McKhann had no positions in any stocks mentioned.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
LVS $55.37 1.60%
AAPL $132.89 0.18%
FB $81.34 -0.70%
GOOG $554.63 -0.13%
TSLA $232.90 0.58%

Markets

DOW 18,110.94 +72.97 0.40%
S&P 500 2,113.05 +4.13 0.20%
NASDAQ 5,068.6130 +8.3670 0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs