Call Options on LVS on 3/15/2021

Las Vegas Sands Corp. (LVS) develops, owns, and operates integrated resorts in Asia and the United States.

It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.

The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. 

Following the passing of its founder, the company is rumored to be sellin its Vegas properties to concentrate on it's more profitable operation of Macao. Shares are expected to move higher out of their bullish "cup and handle."

We will be trading April 16th Call options

Entry Point: $62.45

Trading Range: $33.30 - $66.77

Trade Buy 1 April $62.50 Call at $3.10 For a net debit of $3.10 Profit/Loss Analysis Breakeven at $65.60 Maximum profit is unbounded Maximum loss is ($310.00) at strike of $62.00 Closing Summary Sold 1 April $62.50 Call at $0.00

Position closed on 4/16/2021 at price of $0.00 with a -100.00% loss in 32 days.

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