Bearish flow noted in Las Vegas Sands (LVS) with 10,833 puts trading, or 1.2x expected. Most active are Nov-24 50 puts and 11/1 weekly 51 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 1.87, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.
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