Check Out What Whales Are Doing With LVS

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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 23 strange trades.

If we consider the specifics of each trade, it is accurate to state that 34% of the investors opened trades with bullish expectations and 65% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $130,500 and 21, calls, for a total amount of $1,556,451.

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 $35.0 to $65.0 for Las Vegas Sands over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Las Vegas Sands options trades today is 5665.73 with a total volume of 9,890.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Las Vegas Sands's big money trades within a strike price range of $35.0 to $65.0 over the last 30 days.

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

Options Call Chart

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LVS CALL SWEEP BEARISH 01/20/23 $45.00 $268.3K 10.5K 1.0K
LVS CALL SWEEP BEARISH 01/20/23 $45.00 $181.5K 10.5K 1.4K
LVS CALL TRADE BEARISH 01/20/23 $45.00 $112.0K 10.5K 243
LVS CALL SWEEP BEARISH 01/20/23 $45.00 $106.9K 10.5K 459
LVS CALL SWEEP BEARISH 02/17/23 $52.50 $105.1K 6.1K 537

Where Is Las Vegas Sands Standing Right Now?

  • With a volume of 3,956,025, the price of LVS is down -0.75% at $47.6.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 51 days.

What The Experts Say On Las Vegas Sands:

  • JP Morgan has decided to maintain their Overweight rating on Las Vegas Sands, which currently sits at a price target of $51.
  • Morgan Stanley downgraded its action to Overweight with a price target of $49

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.

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LVSLas Vegas Sands Corp
$41.89-2.30%

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