LVS
2015-12-01 MGM Resorts REIT Plans May Lead To Longer-Term Gains
MGM Resorts REIT Plans May Lead To Longer-Term Gains
This post was originally published on SeeItMarket.com on November 30th
Casino stocks have been some of the worst performers since the beginning of last year. Las Vegas Sands (LVS) has fallen 46% and Wynn Resorts (WYNN) has collapsed 74% from the 2014 highs. And as share prices tumble lower across much of the industry, it is not wise to try and catch a falling knife without fundamental and technical support backing your thesis (and a very patient careful plan).
Of the larger companies, I explain below why MGM Resorts International (MGM) could be one of the few worth considering as an investment.
On October 29th, MGM Resorts International reported Q3 earnings of $0.15 per share vs the $0.03 estimate on in-line revenue of $2.3B. Sales were down over 8% on a year over year basis, but … Read More »
2014-09-08 Smart Money Report (DE) (RAX)
Smart Money Report
AAPL- The Apr 2015 $117.14/$127.14 1×2 ratio call spread was put on 8,500 times for a $0.20 debit. Volume was above the open interest in both options. They bought 8,500 $117.14 calls and sold 17,000 $127.14 calls. This is likely done against a long stock position to add leverage without adding any additional shares.
DE- 4,000 Oct 18 $82.50 puts were bought for $1.75-$1.78 each, against open interest of 4,779 contracts. The stock is trading just above the February lows of $82.38. Over the last 3 months, 2015 Deere EPS estimates have fallen to $6.83 from $7.69.
DHI- 6,750 Feb 2015 $20 puts were sold for $1.00 each, against open interest of 4,139 contracts. Put activity is nearly 3x the average daily volume.
LVS- 5,000 Dec $72.50 calls were bought for $0.51-$0.56 each, against open interest of 3,968 contracts. The call … Read More »
2014-09-08 Unusual Options Activity (AAPL) (LVS)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight a call spread in Apple (AAPL) and call buying in Las Vegas Sands (LVS).
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2014-05-07 Smart Money Report (M) (TSLA)
Smart Money Report
TSLA- Tesla Motors is set to announce Q1 earnings after the bell tonight. Analysts are looking for $0.12 in EPS and revenue of $700 million. Option traders are pricing in a $20.60 move, or 10.25%, in either direction through Friday’s close. The call to put ratio in (TSLA) options is currently 1.02, led by a seller of 1,150 June 21 $200 puts for $16.10 each (this trade was tied to a 50k share sale at $202.06). The stock has moved higher after earnings on three out of the last four reports.
AMAT- Another 13k Jan. 2015 $22 calls were purchased for $0.78 each, against open interest of 97,181 contracts. Earnings are due out on 5/15. On 4/15, open interest was 56,091 in these calls.
FB- 6,200 June 21 $55 puts were bought for $1.93 each, against open interest of 17,182 … Read More »
2014-05-07 Unusual Options Activity (FB) (LVS)
Unusual Options Activity
In today’s Unusual Options Activity Report we highlight put buying in Facebook (FB) and Las Vegas Sands (LVS).
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2013-11-06 Free Trade of the Day (LVS)
Free Trade of the Day
Las Vegas Sands (LVS)
Las Vegas Sands (LVS) Options Trade Idea
Sell the (LVS) Dec. $65/$67.50 Bull Put Spread for a $0.60 credit or better
(Selling the Dec. $67.50 Put and buying the Dec. $65 Put, all in one trade)
Buy stop loss reference- A move below $67.50 in the stock
Upside target- $0.00
Updates: Baidu (BIDU) shares fell for the fourth consecutive trading session today, dropping 2.20%. If the stock closes higher tomorrow, that will be the signal to let long (BIDU).
Free Trial: If you would like to know more about premium content or you would like a free trial of our service , email me at Mitchell@OptionsRiskManagement.com .
Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option … Read More »
2013-09-04 Free Trade of the Day (LVS)
Free Trade of the Day
Las Vegas Sands (LVS)
Notes: Las Vegas Sands (LVS) shares go ex-dividend on Wednesday, September 18th. The $0.35 dividend will be payable on Monday, September 30th.
Las Vegas Sands (LVS) Options Trade Idea
Buy the (LVS) Oct. $60/$62.50 Call Spread for a $0.84 debit or better
(Buying the Oct. $60 Call and selling the Oct. $62.50 Call, all in one trade)
Stop loss- None
Upside target- $2.50
Updates: Arch Coal (ACI) shares rose 1.09% today, confirming the support at the $4.40 level. Shares of L-3 Communications (LLL) added 0.76%, showing follow through from yesterday’s price action. (In tonight’s Stock Watchlist Update we feature another options trade idea for LLL)
Free offer: Sign up for a free account and have the “Free Trade of the Day’ and the “Smart … Read More »
