I am having a hard time not wanting to short this or get into some Puts. I dipped my foot in the water at the close with some Feb $48 at 1.20 but only like 10 contracts. I have only traded LVS a few times and just added to my list so if anyone knows this stock well, what are your thoughts?
I trade LVS. I am in the Mar $49.75 calls. Hold this through earnings as it broke through resistance cleanly. With Vegas back and Macau blowing away estimates LVS is going back to $60 post earnings. The beta chase has already begun.
LVS is almost as good a story as AAPL. We are VERY long that too... Both are top winners for 2013... but unlike aapl, LVS has only Sheldon's ego to hold it back as he wants to go to spain and damn the torpedoes.