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Las Vegas Sands call volume above normal and directionally bullish

Bullish option flow detected in Las Vegas Sands (LVS) with 13,718 calls trading, 5x expected, and implied vol increasing over 1 point to 35.04%. 5/8 weekly 55 calls and May-26 53 calls are the most active options, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 0.04. Earnings are expected on July 22nd.

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