Las Vegas Sands LVS is all set to report its latest quarterly earnings report on Wednesday, Jan. 25, 2023. Analysts expect the company to report a quarterly loss at $0.09 per share on revenue of $1.18 billion.
On CNBC’s "Options Action," Mike Khouw of Optimize Advisors said options markets are implying a move of +/-5% in Las Vegas Sands stock by the end of the week.
Don’t forget to check out our premarket coverage here
There was a buyer of 1,500 of the February 3 weekly 56/60-call spreads at an average price of $0.87 per contract, Khouw mentioned.
The trader expects LVS stock rising as much as 8% by next Friday.
Price Action: Shares of Las Vegas Sands gained 0.1% to close at $55.47 on Tuesday, and added 0.1% in the after-hours trading session.
Check This Out: Insiders Selling DocuSign, Adobe And 2 Other Stocks
Photo: Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
