Las Vegas Sands (LVS) volatility low at 78; shares rally 6% on Macau outlook
Las Vegas Sands (NYSE: LVS) is recently up 96c to $15.72 on better than expected results out of Macau and an optimistic outlook from management. LVS call option volume of 41,988 contracts compares to put volume of 21,515 contracts. LVS November option implied volatility is at 78, December is at 77; below its six-month average of 97 according to Track Data, suggesting decreasing price movement. Paul Foster
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