Benzinga's options scanner just detected over 10 options trades for Las Vegas Sands LVS summing a total amount of $535,221.
At the same time, our algo caught 4 for a total amount of 167,036.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $49.0 for Las Vegas Sands over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Las Vegas Sands stands at 475.75, with a total volume reaching 2,896.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Las Vegas Sands, situated within the strike price corridor from $45.0 to $49.0, throughout the last 30 days.
Las Vegas Sands 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LVS | CALL | SWEEP | BULLISH | 12/20/24 | $5.7 | $5.55 | $5.7 | $45.00 | $133.9K | 11 | 695 |
| LVS | CALL | SWEEP | BULLISH | 12/20/24 | $5.7 | $5.25 | $5.7 | $45.00 | $86.6K | 11 | 423 |
| LVS | PUT | SWEEP | BULLISH | 06/21/24 | $3.85 | $3.7 | $3.75 | $49.00 | $79.5K | 1.2K | 73 |
| LVS | CALL | SWEEP | BULLISH | 12/20/24 | $5.6 | $5.5 | $5.6 | $45.00 | $76.1K | 11 | 198 |
| LVS | CALL | SWEEP | BULLISH | 12/20/24 | $5.7 | $5.25 | $5.7 | $45.00 | $39.9K | 11 | 423 |
About Las Vegas Sands
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Current Position of Las Vegas Sands
- With a volume of 2,616,186, the price of LVS is down -0.01% at $45.84.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 83 days.
What The Experts Say On Las Vegas Sands
In the last month, 5 experts released ratings on this stock with an average target price of $60.4.
- An analyst from Barclays persists with their Overweight rating on Las Vegas Sands, maintaining a target price of $60.
- In a cautious move, an analyst from Seaport Global downgraded its rating to Buy, setting a price target of $63.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on Las Vegas Sands with a target price of $65.
- An analyst from JP Morgan persists with their Overweight rating on Las Vegas Sands, maintaining a target price of $55.
- An analyst from Barclays has decided to maintain their Overweight rating on Las Vegas Sands, which currently sits at a price target of $59.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Las Vegas Sands options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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