What whales are doing with the sands of Las Vegas

A whale with plenty of money to spend has taken a noticeably bearish stance on Las Vegas Sands.

A look at the history of options for Las Vegas Sands LVS we detected 16 strange trades.

Looking at the specifics of each trade, it is correct to say that 43% of investors opened trades with bullish expectations and 56% with bearish expectations.

Of all the transactions identified, 3 are puts, for a total amount of $165,830 and 13 are calls, for a total amount of $651,943.

What is the target price?

Given the volume and open interest on these contracts, it appears the Whales have been targeting a $23.0-$40.0 price range for Las Vegas Sands over the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a security.

This data can help you track the liquidity and interest of Las Vegas Sands options for a given strike price.

Below we can observe the evolution of call and put volume and open interest, respectively, for all Las Vegas Sands whale activity within a strike price range of $23.0 to $40.0 in the last 30 days.

Las Vegas Sands Option Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
LVS CALL TRADE BULLISH 01/19/24 $28.00 $106,900 2.5K 88
LVS CALL SWEEP BEARISH 12/16/22 $35.00 $94,000 195 524
LVS CALL SWEEP BULLISH 12/16/22 $35.00 $83,000 195 200
LVS PUT SWEEP BEARISH 01/20/23 $23.00 $75.5,000 243 500
LVS PUT SWEEP BEARISH 01/20/23 $30.00 $60.7,000 5.7K 184









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
LVS CALL TRADE BULLISH 01/19/24 $28.00 $106,900 2.5K 88
LVS CALL SWEEP BEARISH 12/16/22 $35.00 $94,000 195 524
LVS CALL SWEEP BULLISH 12/16/22 $35.00 $83,000 195 200
LVS PUT SWEEP BEARISH 01/20/23 $23.00 $75.5,000 243 500
LVS PUT SWEEP BEARISH 01/20/23 $30.00 $60.7,000 5.7K 184

Where is Las Vegas Sands right now?

  • With a volume of 7,088,327, the price of LVS is up 1.07% to $33.97.
  • RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold.
  • The next results should be published in 20 days.

What the experts say about Las Vegas Sands:

  • Barclays downgraded its overweight stock with a price target of $39

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Las Vegas Sands, Benzinga Pro gives you real-time options trade alerts.

About Mildred B.

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