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Las Vegas Sands options imply 5.8% move in share price post-earnings

Pre-earnings options volume in Las Vegas Sands (LVS) is 3.0x normal with puts leading calls 2:1. Implied volatility suggests the market is anticipating a move near 5.8%, or $3.30, after results are released. Median move over the past eight quarters is 5.4%.

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