LVS251024P00056000 Option on Las Vegas Sands

LVS Stock  USD 53.87  0.66  1.24%   
LVS251024P00056000 is a PUT option contract on Las Vegas' common stock with a strick price of 56.0 expiring on 2025-10-24. The contract was not traded in recent days and, as of today, has 32 days remaining before the expiration. The option is currently trading at a bid price of $2.91, and an ask price of $3.6. The implied volatility as of the 22nd of September is 32.0.
When exercised, put options on Las Vegas produce a short position in Las Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Las Vegas' downside price movement.

Rule 16 of 2025-10-24 Option Contract

The options market is anticipating that Las Vegas Sands will have an average daily up or down price movement of about 0.0225% per day over the life of the option. With Las Vegas trading at USD 53.87, that is roughly USD 0.0121. If you think that the market is fully understating Las Vegas' daily price movement you should consider buying Las Vegas Sands options at that current volatility level of 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Las Vegas

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Las Vegas positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Las Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameLVS251024P00056000
Expires On2025-10-24
Days Before Expriration32
Vega0.062828
Gamma0.065044
Theoretical Value3.55
Open Interest15
Current Trading Volume1.0
Strike Price56.0
Last Traded At3.55
Current Price Spread2.91 | 3.6
Rule 16 Daily Up or DownUSD 0.0121

Las short PUT Option Greeks

Las Vegas' Option Greeks for the contract ending on 2025-10-24 at a strike price of 56.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Las Vegas' option greeks, its implied volatility helps estimate the risk of Las Vegas stock implied by the prices of the options on Las Vegas' stock.
Delta-0.611592
Gamma0.065044
Theta-0.031255
Vega0.062828
Rho-0.027438

Las long PUT Option Payoff at expiration

Put options written on Las Vegas grant holders of the option the right to sell a specified amount of Las Vegas at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Las Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Las Vegas is like buying insurance aginst Las Vegas' downside shift.
   Profit   
       Las Vegas Price At Expiration  

Las short PUT Option Payoff at expiration

By selling Las Vegas' put option, the investors signal their bearish sentiment. A short position in a put option written on Las Vegas will generally make money when the underlying price is above the strike price. Therefore Las Vegas' put payoff at expiration depends on where the Las Stock price is relative to the put option strike price. The breakeven price of 52.45 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Las Vegas' price. Finally, at the strike price of 56.0, the payoff chart is constant and positive.
   Profit   
       Las Vegas Price At Expiration  
View All Las Vegas Options

Las Vegas Sands Available Put Options

Las Vegas' option chain is a display of a range of information that helps investors for ways to trade options on Las. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Las. It also shows strike prices and maturity days for a Las Vegas against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
LVS251219P00080000080.025.05 - 26.4525.05In
 Put
LVS251219P00075000075.021.0 - 21.817.57In
 Put
LVS251219P000700001070.016.0 - 16.3512.82In
 Put
LVS251219P000650001665.011.4 - 11.6510.63In
 Put
LVS251219P000625002462.59.25 - 10.08.55In
 Put
LVS251219P000600008660.06.15 - 7.458.8In
 Put
LVS251219P0005750034857.55.5 - 5.655.65In
 Put
LVS251219P0005500032955.04.05 - 4.154.55In
 Put
LVS251219P0005250037752.52.65 - 2.943.0Out
 Put
LVS251219P00050000601850.01.91 - 2.032.3Out
 Put
LVS251219P00047500137047.51.24 - 1.351.36Out
 Put
LVS251219P0004500090045.00.83 - 0.930.87Out
 Put
LVS251219P0004250084942.50.52 - 0.590.75Out
 Put
LVS251219P00040000115340.00.23 - 0.420.42Out
 Put
LVS251219P0003750019137.50.04 - 0.310.25Out
 Put
LVS251219P00035000116135.00.1 - 0.340.23Out
 Put
LVS251219P0003250018532.50.0 - 0.190.26Out
 Put
LVS251219P0003000024830.00.0 - 0.270.08Out
 Put
LVS251219P000275004227.50.0 - 0.130.16Out
 Put
LVS251219P000250003025.00.0 - 0.430.65Out
 Put
LVS251219P00022500322.50.0 - 0.220.22Out
 Put
LVS251219P000200002020.00.0 - 0.410.41Out
 Put
LVS251219P000175001817.50.0 - 0.060.06Out

Las Vegas Corporate Directors

Irwin ChafetzDirectorProfile
Yibing MaoIndependent DirectorProfile
Nora JordanIndependent DirectorProfile
David LeviIndependent DirectorProfile

Additional Tools for Las Stock Analysis

When running Las Vegas' price analysis, check to measure Las Vegas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.