Las Vegas Sands (NYSE: LVS), a leading international developer of multi-use integrated resorts operated by Sheldon Adelson, is recently down $10.62 to $133.97.
- Morgan Stanley said that preliminary Macau gaming revenues are up 55% YoY versus its estimate for 70% and below the Street's estimates.
- LVS October option implied volatility of 57 is above its 26-week average of 41 according to Track Data, suggesting larger price fluctuations.
Wynn Resorts (NASDAQ: WYNN) operates Wynn Macau & Wynn Las Vegas.
- WYNN is recently down $13.23 to $152.72.
- UBS Warburg downgraded WYNN to Sell from Neutral.
- WYNN overall option implied volatility of 54 is above its 26-week average of 43 according to Track Data, suggesting larger price fluctuations.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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