Trading a LVS straddle lets you take a pure volatility position on Las Vegas Sands Corp without committing to a direction. Las Vegas Sands Corp's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate LVS straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on LVS profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Las Vegas Sands Corp stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the LVS straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Las Vegas Sands Corp., together with its subsidiaries, 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.
Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the LVS straddle is the cleanest expression of that view. Our scanner prices every LVS straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a LVS straddle into a catalyst or short a LVS straddle to harvest decay, the options straddle setups that matter are all in one place.
