Option Investor
Newsletter

Alert on LVS...

HAVING TROUBLE PRINTING?
Printer friendly version


Alert on LVS:

LVS
has moved up its annoucement of earnings to 4-30-08 ( Wednesday at 1:30 PST ), which will be after the close

This puts a new twist on the position, especially after the big move early today.

I would like to send you to the following link and read the feature article in
INSIDE GAMBLING on LVS

There are some interesting ramifications involved. We may do one of several things this evening depending on where the issues closes today. We could roll up the put spread to 65/60 or even 70/65 or decide to close out the position or even just hold the course. Remember I pointed out that this was an aggressive spread play and thus,may not be for everyone. Anyway, please check out the link below, it may even have the reason that LVS is reporting earnings Wednesday instead
of May 7th

LINK to LVS article

http://www.lvrj.com/business/18312614.html

Monthly Cash Machine Newsletter Archives