Today’s OptionsHouse Hotlist, a feature for OptionsHouse account holders, is highlighting Las Vegas Sands Corp. (LVS) and MGM Mirage (MGM) today. Both of these gaming names have traded huge volume and enjoyed big rallies.
MGM reported better-than-expected earnings after the close yesterday. LVS reports tonight, so people may be looking to initiate trades as earnings approach. The LVS May 11 and 12.5 calls have seen the most volume today, with 17,000 and 13,000 contracts trading, respectively, during the first half of the trading day.
–George Ruhana
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