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Quantchabot has detected a promising Bull Put Spread trade opportunity for LAS VEGAS SANDS (LVS) for the 21-Jan-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
LVS was recently trading at $43.08 and has an implied volatility of 48.87% for this period. Based on an analysis of the options available for LVS expiring on 21-Jan-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $43.08-$46.18 at expiration. In this scenario, the average linear return for the trade would be 45.99%.
Big 14.39% Change: After closing the last trading session at $37.66, LAS VEGAS SANDS opened today at $42.13 and has reached a high of $43.72.
Trade approach: A movement as big as 14.39% is a significantly bullish indicator, so this trade is designed to be profitable if LVS maintains its current direction and does not revert back to pricing on the bearish side of $43.08 on 21-Jan-2022. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if LAS VEGAS SANDS closes at or above $42.94 on 21-Jan-2022. Based on our risk-neutral analysis, there is a 51.89% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.