Las Vegas Sands (NYSE:LVS) Stock, Quote.Headers.trade-ideas

Las Vegas Sands

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.

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AGCO

AMZN

ONON

Joshua Brown stays long on Amazon, while AGCO named a top pick by Belski. On Holding and Las Vegas Sands also top picks by Lebenthal and Link.

Amazon, AGCO, On Holding And A Casino Operator On CNBC&#39;s &#39;Final Trades&#39;

Hedge Fund Photo by Panchenko Vladimir on Shutterstock

Hedge Funds

Movers

Citigourp Global Markets 2% Protected Notes Linked To The Djia

WYNN

Appaloosa Management, a hedge fund, filed its Form 13F on Thursday, revealing the fund&#39;s trades from the prior quarter. Here&#39;s a look at Appaloosa&#39;s latest trades.

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Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It&#39;s hard to believe, but the world&#39;s largest gaming destination, Macau, was only completely

MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?

Las Vegas Sands Corp

LAI SUN DEV CO LTD NEW by Lai Sun Development Co. Ltd.

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NCLH

PLAY

TXRH

Shares of several companies in the hotels, restaurants & leisure space are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Barclays analyst Brandt Montour maintains Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) with a Overweight and raises the price target from $58 to $61.

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Barclays Maintains Overweight on Las Vegas Sands, Raises Price Target to $61

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$430.00</td>
<td>$42.3K</td>
<td>17.9K</td>
<td>154.4K</td>
</tr>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/27/24</td>
<td>$54.00</td>
<td>$42.1K</td>
<td>14</td>
<td>1.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$130.00</td>
<td>$576.0K</td>
<td>36</td>
<td>800</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$22.50</td>
<td>$38.3K</td>
<td>3.2K</td>
<td>670</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$145.00</td>
<td>$70.0K</td>
<td>2.2K</td>
<td>438</td>
</tr>
<tr>
<td>RH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$400.00</td>
<td>$69.2K</td>
<td>830</td>
<td>423</td>
</tr>
<tr>
<td>DHI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$160.00</td>
<td>$176.8K</td>
<td>254</td>
<td>361</td>
</tr>
<tr>
<td>GME</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$125.00</td>
<td>$48.9K</td>
<td>4.1K</td>
<td>303</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$80.00</td>
<td>$26.4K</td>
<td>2.4K</td>
<td>78</td>
</tr>
<tr>
<td>VAC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$100.00</td>
<td>$43.0K</td>
<td>3.6K</td>
<td>73</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 252 contract(s) at a $430.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $168.0 per contract. There were 17962 open contracts at this strike prior to today, and today 154470 contract(s) were bought and sold. 
• For LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we notice a call option trade that happens to be bullish, expiring in 14 day(s) on December 27, 2024. This event was a transfer of 340 contract(s) at a $54.00 strike. The total cost received by the writing party (or parties) was $42.1K, with a price of $124.0 per contract. There were 14 open contracts at this strike prior to today, and today 1010 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option trade with bearish sentiment. It expires in 217 day(s) on July 18, 2025. Parties traded 800 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $576.0K, with a price of $720.0 per contract. There were 36 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold. 
• For PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we notice a call option sweep that happens to be bullish, expiring in 125 day(s) on April 17, 2025. This event was a transfer of 201 contract(s) at a $22.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $38.3K, with a price of $191.0 per contract. There were 3259 open contracts at this strike prior to today, and today 670 contract(s) were bought and sold. 
• For LEN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>), we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on December 20, 2024. This event was a transfer of 369 contract(s) at a $145.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $190.0 per contract. There were 2278 open contracts at this strike prior to today, and today 438 contract(s) were bought and sold. 
• For RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on January 17, 2025. This event was a transfer of 14 contract(s) at a $400.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $69.2K, with a price of $4850.0 per contract. There were 830 open contracts at this strike prior to today, and today 423 contract(s) were bought and sold. 
• Regarding DHI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), we observe a call option sweep with bullish sentiment. It expires in 70 day(s) on February 21, 2025. Parties traded 340 contract(s) at a $160.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $176.8K, with a price of $520.0 per contract. There were 254 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a put option trade that happens to be bearish, expiring in 399 day(s) on January 16, 2026. This event was a transfer of 5 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $48.9K, with a price of $9790.0 per contract. There were 4118 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option sweep that happens to be bearish, expiring in 70 day(s) on February 21, 2025. This event was a transfer of 67 contract(s) at a $80.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $395.0 per contract. There were 2472 open contracts at this strike prior to today, and today 78 contract(s) were bought and sold. 
• For VAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VAC#NYSE">VAC</a>), we notice a call option trade that happens to be bearish, expiring in 125 day(s) on April 17, 2025. This event was a transfer of 73 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $590.0 per contract. There were 3667 open contracts at this strike prior to today, and today 73 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

PENN

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

JP Morgan analyst Joseph Greff maintains Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) with a Overweight and raises the price target from $60 to $62.

JP Morgan Maintains Overweight on Las Vegas Sands, Raises Price Target to $62

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/03/final-trades-amazon-agco-on-holding-and-las-vegas-sands.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management said he is <a href="https://www.benzinga.com/24/12/42301222/amazon-stock-moves-higher-as-aws-unveils-new-ai-advancements-what-you-need-to-know">staying long on </a>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
Amazon Web Services made a slew of announcements at its re:Invent 2024 conference, including the general availability of Trainium2, new database capabilities, Bedrock updates and new foundation models. Here's what you need to know. Amazon's biggest conference of the year, AWS re:Invent 2024, kicked off this week with sessions set to run through Friday.
Brian Belski of BMO Capital Markets named AGCO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>), an industrial stock.
On Tuesday, Morgan Stanley analyst Angel Castillo initiated coverage on AGCO with an Equal-Weight rating and announced a price target of $101.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Jim Lebenthal of Cerity Partners picked On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>).
On Nov. 12, On Holding reported better-than-expected third-quarter sales results and raised its FY24 net sales guidance. On Holding reported quarterly earnings of 17 cents per share which missed the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $734.52 million, which beat the analyst consensus estimate of $704.58 million.
Stephanie Link of Hightower picked Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), saying the stock has done nothing in four years, and 2025 sets up really well.
On Oct. 23, Las Vegas Sands reported quarterly earnings of 44 cents per share which missed the analyst consensus estimate of 54 cents per share. The company reported quarterly sales of $2.680 billion, which missed the analyst consensus estimate of $2.781 billion.
Price Action:
<ul>
<li>Amazon shares gained 1.3% to close at $213.44 on Tuesday.</li>
<li>AGCO shares fell by 0.9% to settle at $100.56 during Tuesday's session.</li>
<li>On Holding shares gained by 1.7% to close at $59.54 during Tuesday's session.</li>
<li>Las Vegas Sands fell by 2% to settle at $53.90 during the session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42293707/jim-cramer-prefers-this-delivery-giant-over-ups">Jim Cramer Prefers FedEx Over This Delivery Giant That &#8216;Screwed Up A Lot Of Holiday Seasons&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Amazon, AGCO, On Holding And A Casino Operator On CNBC's 'Final Trades'

<a href="https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/" title="https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/">https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/</a>

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

Reuters Reported Earlier, Macau's Chief Executive-elect Sam Hou Fai, Announced Team To Govern Gambling Hub

Las Vegas Sands's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) short percent of float has risen 20.35% since its last report. The company recently reported that it has 21.04 million shares sold short, which is 5.56% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Las Vegas Sands Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732733122_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Las Vegas Sands has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Las Vegas Sands's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Las Vegas Sands's peer group average for short interest as a percentage of float is 4.91%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(LVS) - Analyzing Las Vegas Sands's Short Interest

Casinos and bookmakers in Great Britain will be forced to pay a £100m-a-year levy to fund research, education and treatment of gambling harms, under government plans to be announced as soon as this week.
Labour is understood to be poised to <a href="https://www.theguardian.com/society/article/2024/jul/21/labour-urged-to-follow-through-on-tories-promised-100m-gambling-levy">rubber-stamp the previous government's proposal</a> to do away with a voluntary system that allows industry operators to choose how much to donate to tackle damage caused by gambling and which organisations should receive the money.
<a href="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week" title="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week">https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week</a>.

Macro Notification

General

DKNG

FLUT

'Labour poised to announce £100m levy on gambling companies' - The Guardian

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$320.00</td>
<td>$33.5K</td>
<td>16.5K</td>
<td>60.1K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$210.00</td>
<td>$25.1K</td>
<td>11.6K</td>
<td>3.3K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$255.00</td>
<td>$88.0K</td>
<td>77</td>
<td>3.3K</td>
</tr>
<tr>
<td>LVS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$48.50</td>
<td>$29.0K</td>
<td>1.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BIRK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$45.00</td>
<td>$240.0K</td>
<td>4.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$130.00</td>
<td>$40.8K</td>
<td>1.2K</td>
<td>946</td>
</tr>
<tr>
<td>ABNB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$135.00</td>
<td>$45.7K</td>
<td>1.8K</td>
<td>287</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$140.00</td>
<td>$30.0K</td>
<td>1.0K</td>
<td>182</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$52.50</td>
<td>$28.2K</td>
<td>2.9K</td>
<td>154</td>
</tr>
<tr>
<td>DPZ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$460.00</td>
<td>$48.0K</td>
<td>46</td>
<td>126</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option trade that happens to be neutral, is expiring today. Parties traded 100 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $335.0 per contract. There were 16570 open contracts at this strike prior to today, and today 60112 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option trade with bullish sentiment. It expires in 35 day(s) on December 20, 2024. Parties traded 25 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $1007.0 per contract. There were 11655 open contracts at this strike prior to today, and today 3337 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a call option trade that happens to be bullish, expiring in 21 day(s) on December 6, 2024. This event was a transfer of 200 contract(s) at a $255.00 strike. The total cost received by the writing party (or parties) was $88.0K, with a price of $440.0 per contract. There were 77 open contracts at this strike prior to today, and today 3301 contract(s) were bought and sold. 
• For LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we notice a put option trade that happens to be bullish, is expiring today. Parties traded 1000 contract(s) at a $48.50 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $29.0 per contract. There were 1083 open contracts at this strike prior to today, and today 1007 contract(s) were bought and sold. 
• For BIRK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>), we notice a put option trade that happens to be bullish, expiring in 35 day(s) on December 20, 2024. This event was a transfer of 1000 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $240.0K, with a price of $240.0 per contract. There were 4512 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a call option trade that happens to be bearish, expiring in 14 day(s) on November 29, 2024. This event was a transfer of 300 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $136.0 per contract. There were 1283 open contracts at this strike prior to today, and today 946 contract(s) were bought and sold. 
• For ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on December 20, 2024. This event was a transfer of 127 contract(s) at a $135.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.7K, with a price of $360.0 per contract. There were 1891 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a call option trade with bullish sentiment. It expires in 63 day(s) on January 17, 2025. Parties traded 25 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $1200.0 per contract. There were 1096 open contracts at this strike prior to today, and today 182 contract(s) were bought and sold. 
• Regarding GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we observe a put option trade with bullish sentiment. It expires in 126 day(s) on March 21, 2025. Parties traded 123 contract(s) at a $52.50 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $230.0 per contract. There were 2943 open contracts at this strike prior to today, and today 154 contract(s) were bought and sold. 
• For DPZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>), we notice a call option trade that happens to be bullish, expiring in 21 day(s) on December 6, 2024. This event was a transfer of 100 contract(s) at a $460.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $480.0 per contract. There were 46 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ABNB

BIRK

CAVA

CVNA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Appaloosa Management filed its <a href="https://www.sec.gov/Archives/edgar/data/1656456/000165645624000004/xslForm13F_X02/Form13FInfoTable.xml">Form 13F</a> on Thursday, revealing the fund's trades from the prior quarter. Here's a look at Appaloosa's latest trades. 
New Positions:&nbsp;
<ul>
<li>Appaloosa added a stake in energy company Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) with 1,270,388 shares valued at $150.5 million, according to Whalewisdom. </li>
<li>The fund added a stake in NRG Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) with 999,820 shares. </li>
<li>Appaloosa opened a position in Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) with 1,528,323 shares</li>
<li>The hedge fund also opened a position in Wynn Resorts Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NYSE">WYNN</a>) with 800,000 shares. </li>
</ul>
Read More: <a href="https://www.benzinga.com/general/social-media/24/11/41993328/trump-media-insiders-sell-more-than-16-million-in-djt-stock">Trump Media Insiders Sell More Than $16 Million In DJT Stock</a>
Closed Positions: Appaloosa sold all of its 210,000 Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares. The fund also closed its entire positions in Macy's Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) and United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>). 
Notable Trades: Appaloosa added 3,361,132 shares of China-based commerce company PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), bringing its total stake to 5,301,132 shares valued at $617.4 million, according to Whalewisdom. The fund also added 2,989,400 shares of JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) another China-based commerce company. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity">Bitcoin Could Reach $1 Million By 2037, Economist Says: &#8216;Buy Of A Lifetime&#8217; Opportunity</a></li>
</ul>
Photo: Panchenko Vladimir on Shutterstock

Appaloosa LP 13F Shows Added Stake In Vistra Corp With 1,270,388 Shares; Added Stake In NRG Energy With 999,820 Shares; Added Stake In Las Vegas Sands Corp With 1,528,323 Shares; Added Stake In Wynn Resorts Ltd With 800,000 Shares

Robert Goldstein, Chairman &amp; CEO at Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), reported an insider sell on November 12, according to a new SEC filing. 
What Happened: Goldstein's decision to sell 24,324 shares of Las Vegas Sands was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001300514/000130051424000141//Archives/edgar/data/1300514/000130051424000141/0001300514-24-000141-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $1,264,848.
Las Vegas Sands's shares are actively trading at $49.47, experiencing a up of 0.43% during Wednesday's morning session.
<h3>Delving into Las Vegas Sands's Background</h3>
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
<h3>A Deep Dive into Las Vegas Sands's Financials</h3>
Revenue Growth: Las Vegas Sands's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -4.04%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 47.32%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Las Vegas Sands's EPS is below the industry average. The company faced challenges with a current EPS of 0.38. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 4.09, Las Vegas Sands adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 24.39 is lower than the industry average, implying a discounted valuation for Las Vegas Sands's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.25 is above industry norms, reflecting an elevated valuation for Las Vegas Sands's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 10.89, Las Vegas Sands demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
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<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001300514">Check Out The Full List Of Las Vegas Sands's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Robert Goldstein Takes Money Off The Table, Sells $1.26M In Las Vegas Sands Stock

BKNG

GBTG

JBLU

MESA

SAVE

TRIP

ULCC

Shares of travel and tourism-related stocks are trading higher. Market participants may be reacting to the US presidential election and its impact of consumer spending and the tourism industry.

The stock market indexes have enjoyed record highs in recent years with the S&amp;P 500 outperforming other years with President&nbsp;Joe Biden&nbsp;leading the country for the last&nbsp;<a href="https://www.benzinga.com/general/education/24/02/37275812/if-you-invested-in-the-s-p-500-when-joe-biden-became-president-heres-how-much-youd-have-today" target="_blank" rel="noreferrer noopener">nearly four years.</a>
Not all stocks went up with Biden in office and investors may want to take a look back at the worst performing stocks of 2021 to prepare themselves for what could be ahead with the 2024 election nearing.
What Happened:&nbsp;Biden stepped down from&nbsp;<a href="https://www.benzinga.com/topic/2024-election" target="_blank" rel="noreferrer noopener">the 2024 presidential election&nbsp;</a>earlier this year. While the current president won&#8217;t be re-elected to the White House, past performance with a Democrat as president could highlight which stocks and sectors could be winners if&nbsp;Kamala Harris&nbsp;is victorious in Tuesday&#8217;s election.
The S&amp;P 500, which is tracked by the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>),&nbsp;was up 26.9% in 2021. This marked the best yearly performance since 2018 and the second-best performance for the key stock market index in the last 11 years.
The 12 months following Election Day 2020, which was won by Biden,&nbsp;<a href="https://www.benzinga.com/news/22/01/25137004/biden-vs-trump-how-did-stock-market-returns-compare-after-their-first-year-as-president" target="_blank" rel="noreferrer noopener">saw the S&amp;P 500 gain 37.4%.</a>&nbsp;This was the best one-year market return under a president in many years.
While many stocks were up in 2021, not all of the publicly traded companies had positive returns on the year.
Here were the 10 best-performing S&amp;P 500 stocks in 2021, according to a <a href="https://www.statmuse.com/money/ask/worst-performing-stocks-in-2021-in-the-s-and-p-500" target="_blank" rel="noreferrer noopener">report </a>from StatMuse, and their sectors.
<ol>
<li>Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): -37.1%, consumer discretionary/casinos</li>
<li>Global Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>): -36.8%, financials</li>
<li>Market Axess (NASDAQ::MKTX): -28.1%, financials</li>
<li>Viatris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTRS#NASDAQ">VTRS</a>): -25.8%, health care</li>
<li>Wynn Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>): -24.8%, consumer discretionary/casinos</li>
<li>Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>): -24.4%, media/entertainment</li>
<li>Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>): -23.8%, technology</li>
<li>Fidelity National Information Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>): financials</li>
<li>PayPal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>): -20.7%, financials</li>
<li>Erie Indemnity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>): -20.3%, insurance</li>
</ol>
The results above show that financials was an underperforming sector in 2021 and also includes several casino stocks on the list. Peak at the top<a href="https://www.benzinga.com/news/21/12/24848823/10-worst-performing-s-p-500-stocks-of-2021"> 10 best performing</a> S&amp;P 500 stocks here. 
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110224" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It&#8217;s Important: Click through&nbsp;<a href="https://www.benzinga.com/general/politics/24/10/41584466/these-10-stocks-were-the-best-s-p-500-performers-in-2017-when-trump-was-president-will-history-r" target="_blank" rel="noreferrer noopener">to see the 10 best</a>&nbsp;and&nbsp;<a href="https://www.benzinga.com/general/politics/24/10/41606114/10-s-p-500-stocks-were-worst-performers-in-first-year-of-trumps-presidency-will-they-sink-again" target="_blank" rel="noreferrer noopener">10 worst-performing</a>&nbsp;S&amp;P 500 stocks of 2017,&nbsp;Donald Trump&#8216;s first year in the White House.
What's interesting for investors could be the correlation for some stocks based on who was in the White House.
Wynn Resorts was the fourth best performing stock in the S&amp;P 500 in 2017 under Trump, but was an underperformer in 2021 under Biden. PayPal was the eighth best performing stock in the S&amp;P 500 in 2017, but was an underperformer in 2021.
The results above could show that financials and casino stocks could be underperformers if Harris wins the presidency based on the past results and Democratic Party leadership.
With less than one week until the 2024 election, investors are likely positioning their portfolio based on a Trump or&nbsp;Harris&nbsp;victory in some regards. With a close election predicted, investors may want to look to sectors that could benefit under either candidate.
Freedom Capital Markets&nbsp;Chief Global Strategist&nbsp;Jay Woods&nbsp;previously<a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40515453/exclusive-trump-or-harris-12-stocks-2-etfs-could-win-no-matter-whos-president-says-market-strate" target="_blank" rel="noreferrer noopener">&nbsp;shared some sectors&nbsp;</a>and stocks to watch with Benzinga that could benefit regardless of whether Trump or Harris wins the 2024 election.
Woods named defense stocks and cybersecurity stocks as two of the top sectors to watch ahead of the 2024 election.
"I think you've got to watch this sector closely," Woods said of the defense sector.
Woods added that defense stocks could continue to benefit from geopolitical concerns and the world&#8217;s many adverse events.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/10/41589659/trump-vs-harris-state-by-state-2024-election-betting-odds-which-candidate-is-favored-to-wi" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: State-By-State 2024 Election Betting Odds, Which Candidate Is Favored To Win In Your Community?</a></li>
</ul>

Market Summary

ERIE

MKTX

PLTR

PYPL

VTRS

These 10 Stocks Were S&P 500's Worst Performers In Biden's First Year: Could Trend Continue If Harris Wins 2024 Election?

We&rsquo;ve now entered earnings season. Las Vegas Sands (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvs#NYSE">LVS</a>) misses the headline numbers, but looking a bit deeper, it was a great quarter. Starbucks (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbux#NASDAQ">SBUX</a>) misses badly. DKI thinks they&rsquo;re focused on too many things that don&rsquo;t affect the customer experience. Paul Tudor Jones and Stanley Druckenmiller are avoiding owning bonds joining DKI in our years-long concern about inflation reducing real returns in fixed income. We deny rumors that &ldquo;PTJ&rdquo; and &ldquo;Druck&rdquo; read DKI research, but if someone knows them, reach out and we&rsquo;ll put them on the subscribers&rsquo; list. <a href="https://x.com/leadlagreport">Michael Gayed</a> of the @LeadLagReport interviews me and we discuss the real cause of inflation. Hint:&nbsp; it&rsquo;s not supply chain issues. We also talk about the long-term demand for uranium. Finally, in our investor education &ldquo;Thing&rdquo;, we talk about the difference between active and passive investing. As a portfolio manager, I favor active investing; however, we acknowledge the benefits of passive strategies for certain investors.
This week, we&rsquo;ll address the following topics:
<ul>
<li>
Las Vegas Sands got unlucky at the gaming tables. That&rsquo;s temporary.
</li>
<li>
Starbucks&nbsp;sees same store sales down 7%. That&rsquo;s a big problem.
</li>
<li>
Paul Tudor Jones and Stanley Druckenmiller avoid Treasuries. DKI agrees with them.
</li>
<li>
Michael Gayed of @leadlagreport and I discuss inflation and energy. Gayed does a great interview so check out more of his <a href="https://www.youtube.com/@leadlagreport">work</a>.
</li>
<li>
Active vs passive investing: fight!
</li>
</ul>
With Andrew back from his trip, the 5 Things was at full strength this week. Alex has exams next week. Will that leave us without enough good content for the next episode? Will this be the end of the 5 Things? Tune in next week to find out!
Ready for a week of avoiding both Starbucks and bonds? Let&rsquo;s dive in:
<ul>
<li>
Las Vegas Sands $LVS Earnings:
</li>
</ul>
Las Vegas Sands&nbsp;announced 3Q earnings last week. Headlines looked bad. Revenue of $2.68B was below last year&rsquo;s $2.80B and below analyst estimates of $2.78B. Adjusted property EBITDA was $991MM which was below the $1.12B we saw last year. Adjusted EPS of $.44 was below last year&rsquo;s $.55 and fell short of analyst estimates of $.53. This seems bad, but doing some actual analysis, it was an excellent quarter.
<img alt="las_vegas_sands_stock_price_-_10-25-2024.jpg" src="https://www.benzinga.com/files/images/2024/October/30/las_vegas_sands_stock_price_-_10-25-2024.jpg" style="height:372px; width:624px" />
High visitation during Golden Week plus excellent financial results gets a chart like this.
DKI Takeaway: Fortunately, the market saw through the &ldquo;negative&rdquo; headlines and the stock rose in aftermarket trading. I think they&rsquo;re seeing what we are; a company about to put a lot of renovated rooms back into service in Macau and adjusting for luck at the gaming tables, the best results we&rsquo;ve ever seen in Singapore. That plus record results for Golden Week in Macau and continued huge return of capital to shareholders confirms our positive thesis in the name.&nbsp; Adjusting for hold (a measure of how lucky or unlucky the casino was at the gaming tables), earnings this quarter were above year-ago results despite thousands of rooms being renovated. We continue to see a recovering/recovered market with the stock at distressed levels.
<ol>
<li>
Disappointingly Pumpkin Spicy Earnings from Starbucks $SBUX:
</li>
</ol>
On Tuesday, Starbucks $SBUX reported disappointing Q3 earnings, with net sales of $9.11 billion, a 1% decline. Across the board, Starbucks saw declines in key metrics. In-store traffic fell 6% in the U.S. and 7% in their second-largest market, China. The company attributed their disappointing earnings to the &ldquo;challenging consumer environment&rdquo;. New CEO Brian Niccol, is working to turn the company around by simplifying the menu and broadening their internal marketing strategies. This is after replacing the prior CEO who wanted to work limited hours; something that isn&rsquo;t an option for a large multi-national customer service business.
<img alt="sbux_tweet.jpg" src="https://www.benzinga.com/files/images/2024/October/30/sbux_tweet.jpg" style="height:450px; width:335px" />
Original post by <a href="https://x.com/texasrunnerDFW">@texasrunnerDFW</a> who is worth following.
DKI Takeaway: While Brian Niccol looks to reengineer the internal dynamics of Starbucks, here at DKI, we think there are multiple issues causing their domestic sales to decline. Over the past few years, Starbucks has aggressively involved itself in controversial social issues, which may alienate customers. Some people simply want to grab a coffee without engaging on the most controversial issues in society. Other brands and companies like Bud Light, Target, My Pillow and Goya have all faced customer backlash due to social and political issues. The new CEO is wisely focused on improving efficiency. In our opinion, the company should prioritize shareholder value and customer comfort over obsessive virtue signaling.
<ol>
<li>
All Roads Lead to Inflation: Strategic Bets from Two Market Giants:
</li>
</ol>
In a recent interview with CNBC, Paul Tudor Jones (PTJ) stressed that &quot;all roads lead to inflation,&quot; emphasizing his strategic investments in gold and Bitcoin. He also noted that commodities are &quot;ridiculously under-owned.&quot; He continued, &ldquo;I own zero fixed income&rdquo; reflecting a growing sentiment among investors that traditional fixed income is losing its allure. Stanley Druckenmiller, known for generating impressive returns over three decades with his former firm, Duquesne Capital Management, is also adopting a contrarian stance. He suggests the way for the government to navigate the current economic landscape is to &ldquo;inflate your way out.&rdquo; Druckenmiller is reportedly shorting U.S. Treasury bonds, which now account for 15% to 20% of his portfolio, effectively betting against the prevailing view that interest rates will continue to decline. (Although the Fed sets the overnight interest rate, longer-term yields are set by the market.) While the Federal Reserve aims for a &quot;soft landing&quot; by lowering interest rates, Druckenmiller warns that if inflation surges to levels seen in the 1970s, the Fed will be unable to cut rates as much as the market expects.
<img alt="druck_x_ptj.jpeg" src="https://www.benzinga.com/files/images/2024/October/30/druck_x_ptj.jpeg" style="height:360px; width:624px" />
Druckenmiller and Paul Tudor Jones aren&rsquo;t long Treasuries. DKI isn&rsquo;t either.
DKI Takeaway:&nbsp; We wish we could tell you that Druckenmiller and Paul Tudor Jones were DKI subscribers. We&rsquo;ve been talking about higher inflation, trapped central banks, and the inability to save in dollars for three years. We&rsquo;ve said that interest rates would be higher than the market expected leading to lower valuations for bonds. Nice to see respected investors like &ldquo;Druck&rdquo; and PJT coming to the same conclusion. If any of you know them, feel free to reach out. We&rsquo;ll be happy to offer them a complimentary subscription to DKI. For the rest of you, if you&rsquo;d like to be years ahead of most market strategists, you&rsquo;re welcome to <a href="https://deepknowledgeinvesting.com/subscribe-now/">subscribe</a>.&nbsp;
<ol>
<li>
DKI Sits Down with <a href="https://x.com/leadlagreport">Michael Gayed</a> from the Lead Lag Report:
</li>
</ol>
In a recent conversation with Michael Gayed from the @LeadLagReport, I discussed the pressing economic issues that investors should keep in mind. I believe the current inflation surge is primarily driven by excessive government spending, which is illustrated by the fact that over 50% of all dollars in existence were created in just two years. This phenomenon, combined with debt monetization&mdash;where the Treasury sells bonds to cover government debts&mdash;fuels the inflationary fire, significantly increasing the money supply and pushing prices upward. Many tend to blame the Federal Reserve&#39;s low-interest rates for inflation, but if Congress continues its excessive spending, inflation will linger like an unwelcome guest. Shifting gears to energy, I see a bright future for uranium, driven by a surge in demand and supply constraints. As countries like India and China ramp up their energy needs, plus electrification and data centers in the west, I expect that uranium prices will increase in the coming years. The supply of uranium is already tight, with only about two to three years&#39; worth of excess supply available to meet rising demand. Major producers are struggling to ramp up production, which could lead to a substantial supply crunch. Moreover, I highlight the recommissioning of decommissioned nuclear plants in the U.S., signaling a renewed interest in nuclear energy as a sustainable solution. As we face regulatory concerns over carbon emissions, nuclear power emerges as a reliable, carbon-free energy source. I suggest investors consider physical uranium rather than mining companies, as the latter carry inherent operational risks.
<img alt="gayed.jpeg" src="https://www.benzinga.com/files/images/2024/October/30/gayed.jpeg" style="height:350px; width:624px" />
Listen to our conversation on <a href="https://youtu.be/UP6xFC3odo0?si=XOXnk3subO4Bd-zC">The Lead-Lag Report&rsquo;s YouTube Channel</a>.
DKI Takeaway: Thanks to @leadlagreport for the great discussion which emphasized the need for long-term investment strategies, akin to practicing &quot;time arbitrage.&quot; As market dynamics shift, those who remain patient and focused on the long game may achieve significant returns. This conversation serves as a timely reminder of the complex interplay between government actions, inflation, and emerging energy markets. In navigating these market challenges, it&#39;s crucial to remain informed and proactive&mdash;after all, few understand the nuances of these issues.
<ol>
<li>
What&rsquo;s the Difference Between Active and Passive Investing?&nbsp;
</li>
</ol>
In simple terms, active investors buy and sell individual stocks regularly, while passive investors typically hold diversified baskets of investments for long periods of time. One of the key differences between the two is that active investors frequently enter and exit positions in individual equities, whereas passive investors usually invest in mutual funds or exchange-traded funds (ETFs) infrequently. When comparing the two, most hedge funds and portfolio managers utilize active investment strategies, while many retail investors use passive investing strategies. Registered investment advisors as a group lean hard towards passive strategies, but the best ones are excellent active investors.
<img alt="active_investing_vs_passive_investing.jpg" src="https://www.benzinga.com/files/images/2024/October/30/active_investing_vs_passive_investing.jpg" style="height:312px; width:624px" />
Image Credit to <a href="about:blank">Canva Ai</a>
DKI Takeaway: Many readers of the 5 Things use both passive and active strategies. At DKI, our <a href="https://deepknowledgeinvesting.com/current-recommendations/">current recommendations</a> page is a long portfolio that is actively managed and hedged. While managing an active portfolio can be challenging, a hybrid approach with DKI assistance could provide a better hedge against future inflation and offer more exposure to potential 5-10x returns in individual stocks. Overall, combining a passive investment strategy combined with a <a href="https://deepknowledgeinvesting.com/subscribe-now/">DKI premium membership</a> is an excellent way to focus on risk-adjusted returns.&nbsp;
Information contained in this report, and in each of its reports, is believed by Deep Knowledge Investing (&ldquo;DKI&rdquo;) to be accurate and/or derived from sources which it believes to be reliable; however, such information is presented without warranty of any kind, whether express or implied.&nbsp; DKI makes no representation as to the completeness, timeliness, accuracy or soundness of the information and opinions contained therein or regarding any results that may be obtained from their use.&nbsp;The information and opinions contained in this report and in each of our reports and all other DKI Services shall not obligate DKI to provide updated or similar information in the future, except to the extent it is required by law to do so.&nbsp;
The information we provide in this and in each of our reports, is publicly available. This report and each of our reports are neither an offer nor a solicitation to buy or sell securities. All expressions of opinion in this and in each of our reports are precisely that. Our opinions are subject to change, which DKI may not convey. DKI, affiliates of DKI or its principal or others associated with DKI may have, taken or sold, or may in the future take or sell positions in securities of companies about which we write, without disclosing any such transactions.
None of the information we provide or the opinions we express, including those in this report, or in any of our reports, are advice of any kind, including, without limitation, advice that investment in a company&rsquo;s securities is prudent or suitable for any investor. In making any investment decision, each investor should consult with and rely on his or its own investigation, due diligence and the recommendations of investment professionals whom the investor has engaged for that purpose.&nbsp;
In no event shall DKI be liable, based on this or any of its reports, or on any information or opinions DKI expresses or provides for any losses or damages of any kind or nature including, without limitation, costs, liabilities, trading losses, expenses (including, without limitation, attorneys&rsquo; fees), direct, indirect, punitive, incidental, special or consequential damages.

Bonds

SBUX

5 Things To Know In Investing This Week: The Bond Bears Issue

Financial giants have made a conspicuous bullish move on Las Vegas Sands. Our analysis of options history for Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) revealed 12 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $576,561, and 7 were calls, valued at $840,707.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $65.0 for Las Vegas Sands, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Las Vegas Sands stands at 1333.78, with a total volume reaching 5,514.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Las Vegas Sands, situated within the strike price corridor from $45.0 to $65.0, throughout the last 30 days.
<h3>Las Vegas Sands Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730148337_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.1</td>
<td>$4.1</td>
<td>$4.1</td>
<td>$55.00</td>
<td>$241.4K</td>
<td>4.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>LVS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$12.7</td>
<td>$12.3</td>
<td>$12.35</td>
<td>$65.00</td>
<td>$202.5K</td>
<td>6</td>
<td>165</td>
</tr>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.15</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$55.00</td>
<td>$182.4K</td>
<td>4.2K</td>
<td>1.4K</td>
</tr>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.1</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$55.00</td>
<td>$181.8K</td>
<td>4.2K</td>
<td>452</td>
</tr>
<tr>
<td>LVS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.18</td>
<td>$1.15</td>
<td>$1.16</td>
<td>$52.50</td>
<td>$173.9K</td>
<td>4.0K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h3>About Las Vegas Sands</h3>
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
After a thorough review of the options trading surrounding Las Vegas Sands, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Las Vegas Sands</h3>
<ul>
<li>With a trading volume of 4,212,144, the price of LVS is up by 1.63%, reaching $53.62.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 86 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Las Vegas Sands</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $59.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Las Vegas Sands, targeting a price of $60. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on Las Vegas Sands, maintaining a target price of $60. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Las Vegas Sands with a target price of $55. 
&#x2A; Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Las Vegas Sands, targeting a price of $59. 
&#x2A; Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Las Vegas Sands, targeting a price of $64. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Las Vegas Sands options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Looking At Las Vegas Sands's Recent Unusual Options Activity

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$272.50</td>
<td>$32.9K</td>
<td>3.7K</td>
<td>39.7K</td>
</tr>
<tr>
<td>VFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$17.50</td>
<td>$77.8K</td>
<td>1.0K</td>
<td>11.5K</td>
</tr>
<tr>
<td>FIVE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$105.00</td>
<td>$315.1K</td>
<td>7.4K</td>
<td>7.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$249.5K</td>
<td>47.8K</td>
<td>2.0K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$100.00</td>
<td>$30.1K</td>
<td>673</td>
<td>566</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$49.50</td>
<td>$55.4K</td>
<td>177</td>
<td>299</td>
</tr>
<tr>
<td>LVS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$65.00</td>
<td>$202.5K</td>
<td>6</td>
<td>165</td>
</tr>
<tr>
<td>BBY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$95.00</td>
<td>$50.1K</td>
<td>1.0K</td>
<td>142</td>
</tr>
<tr>
<td>RCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$270.00</td>
<td>$38.2K</td>
<td>0</td>
<td>130</td>
</tr>
<tr>
<td>SKY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$85.00</td>
<td>$89.1K</td>
<td>4</td>
<td>116</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on November 1, 2024. This event was a transfer of 65 contract(s) at a $272.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $510.0 per contract. There were 3712 open contracts at this strike prior to today, and today 39776 contract(s) were bought and sold. 
• Regarding VFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 1, 2024. Parties traded 771 contract(s) at a $17.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $77.8K, with a price of $101.0 per contract. There were 1063 open contracts at this strike prior to today, and today 11529 contract(s) were bought and sold. 
• Regarding FIVE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>), we observe a call option trade with bearish sentiment. It expires in 18 day(s) on November 15, 2024. Parties traded 3001 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $315.1K, with a price of $105.0 per contract. There were 7491 open contracts at this strike prior to today, and today 7095 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on January 17, 2025. This event was a transfer of 322 contract(s) at a $200.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $249.5K, with a price of $775.0 per contract. There were 47847 open contracts at this strike prior to today, and today 2048 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bullish sentiment. It expires in 32 day(s) on November 29, 2024. Parties traded 50 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $602.0 per contract. There were 673 open contracts at this strike prior to today, and today 566 contract(s) were bought and sold. 
• Regarding ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we observe a put option trade with bullish sentiment. It expires in 4 day(s) on November 1, 2024. Parties traded 200 contract(s) at a $49.50 strike. The total cost received by the writing party (or parties) was $55.4K, with a price of $277.0 per contract. There were 177 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold. 
• Regarding LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we observe a put option sweep with bullish sentiment. It expires in 235 day(s) on June 20, 2025. Parties traded 164 contract(s) at a $65.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $202.5K, with a price of $1235.0 per contract. There were 6 open contracts at this strike prior to today, and today 165 contract(s) were bought and sold. 
• For BBY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), we notice a call option sweep that happens to be neutral, expiring in 53 day(s) on December 20, 2024. This event was a transfer of 131 contract(s) at a $95.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $50.1K, with a price of $382.0 per contract. There were 1031 open contracts at this strike prior to today, and today 142 contract(s) were bought and sold. 
• For RCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), we notice a call option trade that happens to be bearish, expiring in 263 day(s) on July 18, 2025. This event was a transfer of 50 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $38.2K, with a price of $765.0 per contract. There were 0 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold. 
• Regarding SKY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKY#NYSE">SKY</a>), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on November 15, 2024. Parties traded 104 contract(s) at a $85.00 strike. This particular call needed to be split into 104 different trades to become filled. The total cost received by the writing party (or parties) was $89.1K, with a price of $860.0 per contract. There were 4 open contracts at this strike prior to today, and today 116 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

ETSY

FIVE

<a href="https://news.bloomberglaw.com/antitrust/doj-backs-suit-accusing-vegas-hotels-of-algorithmic-price-fixing">https://news.bloomberglaw.com/antitrust/doj-backs-suit-accusing-vegas-hotels-of-algorithmic-price-fixing</a>
<ul>
<li>DOJ says use of algorithms can have anticompetitive effects</li>
<li>Plaintiffs filed appeal after district court dismissed case</li>
</ul>
The Justice Department filed an amicus brief supporting customers who accused Ceasars Entertainment Inc. and other Las Vegas hotel companies of using algorithms to fix prices.
"Pricing algorithms can process more information more rapidly than humans aided by prior communications technologies," the DOJ said in a brief <a href="https://www.bloomberglaw.com/public/document/GibsonetalvCendynGroupLLCetalDocketNo2435769thCirJun072024CourtDo/1?doc_id=X1C3FTC0O19985PKTQSAR19NQ0H">filed</a> Thursday in the US Court of Appeals for the Ninth Circuit. "For this reason, such algorithms can increase the means and opportunities for collusion among competitors."
The Vegas case is the first of its kind to reach a federal appeals court and is expected to impact similar suits going forward.
A group of consumer plaintiffs who stayed at various Vegas hotels filed an <a href="https://www.bloomberglaw.com/public/document/GibsonetalvCendynGroupLLCetalDocketNo2435769thCirJun072024CourtDo?doc_id=XN44RIOULS87MRO4N2HPLUJE1C">appeal</a> to the Ninth Circuit after Judge Miranda Du of the US District Court for the District of Nevada <a href="https://news.bloomberglaw.com/antitrust/caesars-other-vegas-hotels-win-dismissal-of-price-fixing-suit">dismissed</a> the case in May, saying they failed to plausibly allege a tacit agreement between the hotels to inflate room prices using algorithms built by the Rainmaker Group, a Cendyn Group LLC subsidiary.
In her ruling, Du said she reached her <a href="https://news.bloomberglaw.com/antitrust/las-vegas-ruling-offers-roadmap-for-ai-clashes-with-antitrust">decision</a> because the hotel-casinos signed up for the pricing software services at different times and the hotels weren't bound by the software's recommendations. A nearly identical suit accusing Atlantic City hotel-casinos was <a href="https://news.bloomberglaw.com/antitrust/hotel-casino-rulings-reveal-flaws-in-ai-price-fixing-allegations">dismissed</a> late last month on similar grounds.
The DOJ rejected Du's notion that the freedom to reject the software's pricing recommendations meant no collusion took place.

Legal

'DOJ Backs Suit Accusing Vegas Hotels Of Algorithmic Price-Fixing' - Bloomberg Law

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$260.00</td>
<td>$29.7K</td>
<td>14.7K</td>
<td>146.4K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$25.0K</td>
<td>8.6K</td>
<td>4.2K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$100.00</td>
<td>$40.8K</td>
<td>7.4K</td>
<td>3.3K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$190.00</td>
<td>$29.4K</td>
<td>7.7K</td>
<td>2.5K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$36.00</td>
<td>$26.9K</td>
<td>334</td>
<td>795</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$125.00</td>
<td>$38.4K</td>
<td>561</td>
<td>792</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$100.00</td>
<td>$25.1K</td>
<td>12.9K</td>
<td>602</td>
</tr>
<tr>
<td>JWN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$22.00</td>
<td>$32.0K</td>
<td>0</td>
<td>200</td>
</tr>
<tr>
<td>LVS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$40.00</td>
<td>$130.2K</td>
<td>678</td>
<td>101</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$47.50</td>
<td>$32.8K</td>
<td>1</td>
<td>53</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on October 25, 2024. This event was a transfer of 99 contract(s) at a $260.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $300.0 per contract. There were 14783 open contracts at this strike prior to today, and today 146403 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a call option trade that happens to be bullish, expiring in 85 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $2500.0 per contract. There were 8682 open contracts at this strike prior to today, and today 4210 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with neutral sentiment. It expires in 57 day(s) on December 20, 2024. Parties traded 80 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $510.0 per contract. There were 7415 open contracts at this strike prior to today, and today 3362 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on November 15, 2024. This event was a transfer of 31 contract(s) at a $190.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $950.0 per contract. There were 7773 open contracts at this strike prior to today, and today 2547 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option trade with bearish sentiment. It expires in 8 day(s) on November 1, 2024. Parties traded 190 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $142.0 per contract. There were 334 open contracts at this strike prior to today, and today 795 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on November 1, 2024. Parties traded 200 contract(s) at a $125.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $38.4K, with a price of $192.0 per contract. There were 561 open contracts at this strike prior to today, and today 792 contract(s) were bought and sold. 
• For SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we notice a call option trade that happens to be bullish, expiring in 22 day(s) on November 15, 2024. This event was a transfer of 96 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $262.0 per contract. There were 12934 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold. 
• Regarding JWN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>), we observe a call option trade with bearish sentiment. It expires in 36 day(s) on November 29, 2024. Parties traded 200 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $160.0 per contract. There were 0 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we notice a call option trade that happens to be bullish, expiring in 148 day(s) on March 21, 2025. This event was a transfer of 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $130.2K, with a price of $1302.0 per contract. There were 678 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a put option sweep that happens to be bullish, expiring in 204 day(s) on May 16, 2025. This event was a transfer of 34 contract(s) at a $47.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $965.0 per contract. There were 1 open contracts at this strike prior to today, and today 53 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Las Vegas Sands Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) receives praise from analysts for its <a href="https://www.benzinga.com/topic/casino-stocks">strong position in Macau </a>and the recovery of the region after missing third-quarter earnings per share and revenue estimates.
The Las Vegas Sands Analysts: 
<ul>
<li>Morgan Stanley analyst Stephen Grambling maintained an Overweight rating on LVS with a $55 price target.</li>
<li>Stifel analyst Steven Wieczynski maintained a Buy rating and raised the price target from $55 to $64.</li>
</ul>
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41050711/stocks-rise-as-china-signals-more-stimulus-billionaire-david-tepper-bets-big-on-everythi">Stocks Rise As China Signals More Stimulus, Billionaire David Tepper Bets Big On &#8216;Everything&#8217; China-Related</a>
Morgan Stanley on LVS: Weaker hold in Singapore led to a miss for revenue and earnings, but Macau regional results were strong, Grambling said in a new investor note.
"Macau EBITDA was a positive surprise, coming in at $587m," Grambling said.
The analyst noted the EBITDA total was up from the second quarter and ahead of estimates.
Las Vegas Sands announced a dividend increase and a $2 billion share buyback, as well as the repurchase of $450 million of stock in the third quarter.
"The combined buyback + dividend would equate to ~7% of the market cap," Grambling added.
The analyst expects a positive response from investors to the Macau results and positive commentary on the region.
Lowering operating costs and improving promotional activity should give investors confidence for the Macau region, Grambling said.
"Even with the recent run-up in Macau-focused stocks, LVS trades at ~11x our 2025e EBITDA, below the historical NTM of ~13.5x."
Stifel on LVS: With Las Vegas Sands shares up around 30% since early September, there could be more upside ahead after the quarterly results and company commentary, Wieczynski said in a new investor note.
"We believe the setup for LVS shares is overly compelling at this point, and we see multiple catalysts on the horizon that should allow shares to drift higher from current levels," Wieczynski said.
The analyst sees a clear path to $60 or more per share, with investors likely more comfortable with Macau names.
"Macau-centric names should be a group that could outperform given the fact demand patterns are accelerating which should allow for positive estimate revisions."
With investors previously wanting nothing to do with China stocks, the analyst sees optimism in the region and Macau names among the best to own going forward.
"We believe visitation/spend trends in Macau will continue to accelerate and eventually reach pre-pandemic levels."
The analyst highlighted future catalysts for Las Vegas Sands, including the October/November Macau GGR data, the 2024 election coming to an end and giving investors a better idea of China/U.S. relations, and an investor meeting in mid-November.  
"No matter who wins the upcoming election we believe just knowing who will be running the United States for the next four years will allow investors to better handicap the potential pros/cons and eventually understand that China/U.S. relations should be on stable footing."
Wieczynski calls Las Vegas Sands one of the "most defensible names in gaming" with a dominant position in Macua, the world's top gaming market.
LVS Price Action: Las Vegas Sands shares are up 2% to $51.83 on Thursday, versus a 52-week price range of $36.62 to $55.66. Las Vegas Sand stock is up 1% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41013240/las-vegas-sands-lvs-stock-surges-heres-whats-fueling-the-rally">Las Vegas Sands (LVS) Stock Surges: Here&#8217;s What&#8217;s Fueling The Rally</a></li>
</ul>
Photo: withGod/Shutterstock.com

Analyst Color

Asia

Reiteration

Global

Las Vegas Sands Stock Seen As 'Overly Compelling' As Analysts Highlight Macau Recovery, Project Return To 'Pre-Pandemic Levels'

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Las Vegas Sands: Xi Jinping's Macau Visit Removes Long-Time Bearish Take On Stock

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Casino wildcard: Macau is halfway through its 50-year Beijing handoff period

Macau casino revenue rose 24% in 2024 despite soft December tally

Macau's gaming bureau reported December gross revenue from games of fortune in the region was down 2.0% year-over-year to 18.202B patacas. Publicly...

Macau reports December casino revenue down 2% to 18.2B patacas

ACEL

BALY

CHDN

GAMB

GDEN

GENI

GLPI

GXYEF

MCHVF

MCHVY

SCHYF

SCHYY

SGHC

SJMHF

SJMHY

SPHR

SRAD

VICI

WYNMF

WYNMY

Press Releases

Sands China Ltd. and Marriott International to Unveil the First Luxury Collection Hotel in Macao

Las Vegas Sands and Hispanic Association of Colleges and Universities Select 13 Hospitality Scholarship Recipients

Sands to Release Third Quarter 2024 Financial Results

Earnings

Las Vegas Sands Reports Third Quarter 2024 Results

Volunteers from Sands China and Four Community Partners Assemble 30,000+ Hygiene Kits for Clean the World in One Day

Nevada Youth Homelessness Summit on Nov. 8 Gathers Statewide Leaders to Address Rising Incidence Rates

Suppliers and Local SMEs Honoured at Sands Supplier Excellence Awards and Sands Procurement Academy Graduation

Macao Enterprises Take Trip to Lisbon with Sands China

Entertainment

BROOKLYN NETS AND PHOENIX SUNS TO PLAY TWO PRESEASON GAMES IN MACAO IN OCTOBER 2025

Las Vegas Sands Named to the Dow Jones Sustainability Indices for World and North America

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PlayAGS

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Codere Online Luxembourg

Churchill Downs, Incorporated - Common Stock

Churchill Downs

Canterbury Park Holding Corporation - Common Stock

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Caesars Entertainment, Inc. - Common Stock

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Genius Sports

International Game Technology Ordinary Shares

Intl Game Tech

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Inspired Entertainment

Light & Wonder

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Monarch Casino & Resort

MGM Resorts Intl

Melco Resorts and Enter

Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares

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