At $2.22 a share, the stock is priced as an option. If you're bullish on LVS then you might as well buy the shares and hold on for the ride. Anyone buying the April $5 call today needs to see the stock price increase above $5.25 for them to make any money; if the same person bought the shares, they would see an easy double if the stock hit $4.44. Why bother risking your money on an option when LVS is trading as a penny stock today? You will also be helping the cause by buying the shares; buying the options only helps the market maker.
Friday Options Update: EBAY, HUM, EEM, C, XLV, GM, LVS [View article]
You will also be helping the cause by buying the shares; buying the options only helps the market maker.