palace station hotel casino expedia“Those calls traded for .Not the Only OneThe aforementioned trade in ERI options wasn’t the only one of note in recent weeks.“Those aren’t a staple anymore.turtle lake casino poker tournamentsWith Eldorado Resorts (NASDAQ:ERI) stock in the midst of a stunning reversal off its March lows, the real jackpot winners are options traders, not gamblers visiting the company’s casinos.10.(Image: Wall Street Journal)Options market data indicates some traders were prescient enough to bet on the regional gaming name when it was hovering near its March nadir, a wager that’s since been handsomely rewarded.clearwater casino restaurants

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casino near me mibibippi5 times their purchase price.”That might be true.That’s a big ask.coushatta casino winners 2021In the case of the aforementioned ERI trader, the holder of those contracts needed the stock to run to prior to June expiration.“I’m guessing they’reoxford casino security not doing buffets for a while,” Lang opined.60, according data and research firm Market Rebellion.cliff castle casino bingo

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oxford casino and covidFor example, Caesars and MGM Resorts, the two largest operators on the Strip, eliminated parking fees.On May 19, a trader stepped into weekly options on the gaming company for significant size.“I’m guessing they’reoxford casino security not doing buffets for a while,” Lang opined.But nearly every casino on the Strip, from low- to high-end properties, still offered a buffet prior to the coronavirus pandemic.Additionally, even higher-end integrated resorts, such as Bellagio, Cosmopolitan, and Wynn, will offer steep discounts on rooms to lure back travelers.If the company can wring cost cuts out of that deal and capitalize on an expected resurgence in regional gaming as the US economy reopens, Wall Street could renew its affinity for the stock.drake casino app