is tethered to Macau recovery,<\/a> which has moved in fits and starts because of the gaming hub’s zero-tolerance policy regarding new COVID-19 cases.<\/p>\n<\/div>\nThat’s hampered travel with the nearby Guangdong province and Hong Kong, both vital arteries in terms of Macau arrivals. Some good news may be emerging on that front, as JPMorgan analysts speculate Macau may be working with Hong Kong to loosen travel restrictions.<\/p>\n
\u201cOur checks with some Macau hotels suggest the government sent out a notice a few days ago on a planned reopening of the border,\u201d noted JP Morgan analysts DS Kim, Derek Choi, and Livy Lyu.<\/p>\n
LVS Stock Calm for Now<\/h2>\n Data referenced by Schaeffer’s indicate that, for now, Sands shares aren’t overly volatile.<\/p>\n
\u201cThe stock’s Schaeffer’s Volatility Index (SVI) of 35% stands higher than just 12% of all other readings in its annual range. This implies that options players are pricing in relatively low volatility expectations at the moment,\u201d <\/strong>according to the research firm.<\/p>\nNear-term catalysts for the stock, beyond resumption of normal travel to Macau, could include acquisitions or the resumption of its once lofty dividend<\/a> that was suspended to conserve cash during the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"Amid a slower-than-expected rebound in Macau, Vegas Sands (NYSE:LVS) stock is languishing. But some options traders see an upside opportunity. Vegas Sands is the largest operator in Macau. The largest publicly traded gaming company by market capitalization is down 14.13 percent year-to-date. That’s one of the worst performances among US-listed casino stocks. Even with a […]<\/p>\n","protected":false},"author":46,"featured_media":178196,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,10],"tags":[],"acf":[],"yoast_head":"\n
LVS Stock Could Be Poised for a Rally if Options Data Is Accurate<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n