Looking At Las Vegas Sands's Recent Whale Trades

Looking At Las Vegas Sands's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Las Vegas Sands.

Looking at options history for Las Vegas Sands LVS we detected 19 strange trades.

If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 57% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $742,603 and 14, calls, for a total amount of $668,772.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $28.0 to $52.5 for Las Vegas Sands over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Las Vegas Sands's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Las Vegas Sands's whale activity within a strike price range from $28.0 to $52.5 in the last 30 days.

Las Vegas Sands Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LVS PUT TRADE BEARISH 01/20/23 $35.00 $550.0K 9.7K 2.0K
LVS PUT TRADE BEARISH 10/28/22 $40.00 $110.0K 270 790
LVS CALL TRADE BULLISH 01/19/24 $28.00 $78.5K 3.1K 50
LVS CALL TRADE BULLISH 01/19/24 $30.00 $74.7K 3.5K 84
LVS CALL SWEEP BULLISH 12/16/22 $42.00 $61.9K 606 168

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LVS PUT TRADE BEARISH 01/20/23 $35.00 $550.0K 9.7K 2.0K
LVS PUT TRADE BEARISH 10/28/22 $40.00 $110.0K 270 790
LVS CALL TRADE BULLISH 01/19/24 $28.00 $78.5K 3.1K 50
LVS CALL TRADE BULLISH 01/19/24 $30.00 $74.7K 3.5K 84
LVS CALL SWEEP BULLISH 12/16/22 $42.00 $61.9K 606 168

Where Is Las Vegas Sands Standing Right Now?

  • With a volume of 11,490,857, the price of LVS is up 0.18% at $39.73.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 22 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Las Vegas Sands, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets