Filed under: Options, Las Vegas Sands (LVS)

Las Vegas Sands (NYSE: LVS) opened the company’s new $1.9 billion resort.

The Palazzo Las Vegas is the first hotel to open on the Las Vegas Strip in nearly three years.

LVS closed at $74.46. LVS February option implied volatility of 67 is above its 26-week average of 49 according to Track Data, suggesting larger price fluctuations.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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This entry was posted on Friday, January 18th, 2008 at 3:00 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.