Bearish flow noted in Las Vegas Sands (LVS) with 1,219 puts trading, or 1.6x expected. Most active are 9/26 weekly 53 puts and 10/3 weekly 54 puts, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 2.14, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 22nd.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVS:
- Las Vegas Sands price target raised to $57 from $50 at Morgan Stanley
- Las Vegas Sands call volume above normal and directionally bullish
- Macau reports August casino revenue up 12.2% to 22.16B patacas
- Nevada reports July statewide gaming win up 3.99% to $1.36B
- Las Vegas Sands price target raised to $65 from $55 at UBS