Stock / Symbol: [private_monthly]Las Vegas Sands / LVS[/private_monthly]
Option Strategy: calendar call spread
Stock price at this adjustment: $46.36
Adjustment: With WYNN reporting this afternoon, [private_monthly]LVS[/private_monthly] could move up nicely tomorrow. Also, as we've already sucked most of the premium out of the calls we've sold, we're buying them back here.
Trade Details:
[private_monthly]
Buy To Close 2 LVS Feb11 52.5 Calls
for a net debit of $0.06 per contact
[/private_monthly]
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