Option update: Option heavy and volatility up in LVS, BDC

Posted Oct 2nd 2007 1:30PM by Paul Foster
Filed under: Rumors, Products and Services, Options, Las Vegas Sands (LVS)

Las Vegas Sands (NYSE: LVS), a leading international developer of multi-use integrated resorts operated by Sheldon Adelson, is recently up $4.42 to $142.73. LVS October option implied volatility of 56 is above its 26-week average of 41 according to Track Data, suggesting larger price fluctuations.

Belden (NYSE: BDC) designs, manufactures and markets signal transmission solutions for data networking and specialty electronic markets. BDC is recently up $3.74 to $52.03 on overseas takeover chatter. BDC has a market cap of $2.1 billion with June quarterly total revenue of $549 million. BDC call option volume of 1,240 contracts compares to put volume of 193 contracts. BDC October option implied volatility of 47 is above its 26-week average of 37 according to Track Data, suggesting larger risk.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: bdc, belden, Kerkorian, Las Vegas, las vegas sands, LasVegas, LasVegasSands, lvs, option implied volatility, OptionImpliedVolatility, Sheldon Adelson, SheldonAdelson, WYNN