Investors showed bullish sentiment towards Las Vegas Sands Corp. after a surge in long-dated call options following the Q2 results release, with LVS stock rising over 4% to $50.67 per share. The high volume of in-the-money call options expiring on Jan. 16, 2026, suggests an optimistic outlook for the stock’s future performance. Revenue for Q2 increased by 15.2% to $3.175 billion, with operating income up by 32.5% to $783 million. Despite the company’s name, Las Vegas Sands generates revenue primarily from Macao, China, and Singapore, making it a play on the Chinese gambling scene. Analysts estimate revenue to range between $12.13 billion and $12.65 billion in the next two years, potentially driving the stock’s value to over $50 billion. In-the-money call options holders anticipate a significant return if the stock price rises as expected. The trade offers a positive expected value return of over 56%, factoring in the probabilities of success and potential loss. The strong fundamentals and potential growth in revenue suggest a positive outlook for Las Vegas Sands Corp. notably in the Chinese gambling market.
Read more at Yahoo Finance: Unusual Volume in Las Vegas Sands Call Options