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.
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