Las Vegas Sands (LVS) is up 72 cents to $17.53 and Feb 18 and 19 calls are seeing heavy trading ahead of earnings, tomorrow after the bell. The top two trades: 3688X2 Feb 18s at 42 and 46 cents per contract — possibly premium sellers. Meanwhile, Feb 19 calls are the most actives. 18,400 traded (58 percent bid). So, while calls are dominating the action, sentiment seems mixed. Implied volatility little changed around 62. 64K calls and 17K puts traded total.

3 users commented on " Las Vegas Sands Corp (LVS) $17.54 +4.34% "
Follow-up comment rss or Leave a Trackbacki’m still looking for a good strategy to play this. I’m bullish on the stock long term but bearish for earnings. Why aren’t there any $18 calls for March?!
Maybe I’ll just stick to playing LVS through MGM.
I think it’s because there’s 17.5s and that would make only .5 difference between two consecutive strikes.
I think its inflating the premium on the $19 march calls. My original thought was an $18 feb/march calendar, that’s why i’m crying about it… lol. I BOT 5 of the 17.50 march calls and sold 5 of the $17 feb calls. 32 cent debit. I’m neutral to bearish for lvs earnings, but incase it blows up in my face, I have a feb strangle and a march call spread on mgm to cover me.