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Options update 1-18-08: Las Vegas Sands volatility elevated as it opens Palazzo Las Vegas

Posted Jan 18th 2008 9:58AM by Paul FosterPaul Foster RSS Feed
Filed under: Options, Las Vegas Sands (LVS)


Las Vegas Sands (NYSE: LVS) opened the company's new $1.9 billion resort.

The Palazzo Las Vegas is the first hotel to open on the Las Vegas Strip in nearly three years.

LVS closed at $74.46. LVS February option implied volatility of 67 is above its 26-week average of 49 according to Track Data, suggesting larger price fluctuations.

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

Tags: las vegas sands, Las Vegas Sands macau, LasVegasSands, LasVegasSandsMacau, lvs, The Palazzo Las Vegas, ThePalazzoLasVegas

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