2024.07.08
slot machine casino games freeTraders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. Bryant University Professor of Economics Edi Tebaldi carried out the review, and concluded that IGT will generate 9.5 million in economic activity in the state this year.“IGT supports 2,445 jobs (direct, indirect and induced), produces 6.1 million in labor income, and generates 9.5 million in value for Rhode Island’s economy annually,” Tebaldi said. Ahead of Penn National Gaming, Inc.’s (NASDAQ:PENN) second-quarter earnings report due out Thursday before the US markets open, options traders piled into the name Monday, making decidedly upside wagers on the regional gaming company. nearest casino to virginia beachThat is less than half the 8 percent returned this year by Red Rock Resorts, Inc. Their competition, Scientific Games, has made considerably more investment,” Twin River opines.IGT naturally disagrees. (NYSE:BYD).This one is one (Penn National) that some of the smaller gaming companies have had a lot of love lately,” said options trader Jon Najarian on CNBC earlier today. casino atlantic city black lotus casino bonus codes no depositgold coast casino login(Image: Booking.com)Entering Monday, Penn National was one of the worst-performing stocks in the regional gaming space with a year-to-date gain of just 3.5 percent. That’s not a long road for shares of Penn National to travel because the stock trades around .60 at this writing.The August calls by far had the biggest uptick in volume today of PENN options. Turnover in the , , and calls also set to expire this month, totaled just 969 contracts with an hour left in the session, according to Nasdaq data.Further confirming that traders are enthusiastic on PENN, at least over the short-term, there was no accompanying unusual activity in put options on the stock. river spirit casino darius rucker“There’s upside call activity. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. While PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchblack bear casino world s biggest hamburger firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.hallmark casino codes luckyland slots bonusborgata online casino email(Image: Booking.com)Entering Monday, Penn National was one of the worst-performing stocks in the regional gaming space with a year-to-date gain of just 3.5 percent. That is less than half the 8 percent returned this year by Red Rock Resorts, Inc. Bryant University Professor of Economics Edi Tebaldi carried out the review, and concluded that IGT will generate 9.5 million in economic activity in the state this year.“IGT supports 2,445 jobs (direct, indirect and induced), produces 6.1 million in labor income, and generates 9.5 million in value for Rhode Island’s economy annually,” Tebaldi said. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. The Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. Turnover in the , , and calls also set to expire this month, totaled just 969 contracts with an hour left in the session, according to Nasdaq data.Further confirming that traders are enthusiastic on PENN, at least over the short-term, there was no accompanying unusual activity in put options on the stock. twin river casino update harrah s cherokee casino commercial |