hard rock casino cincinnatiAhead 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. (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. compared to machines from the state’s two other VLT vendors. thunder valley casino instagramAhead 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. Chicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecteTurnover 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. angel of the winds casino brewery

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firekeepers casino concert venueTraders 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. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. 16. pai poker casino game daily themed crobwordChicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecteMore than 1,800 of their machines are more than a decade old. compared to machines from the state’s two other VLT vendors. casino near me nashville tn

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peppermill casino vegas(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. “There’s upside call activity. Chicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecteThey’re (traders) buying August calls here.”Options market data suggest traders are wagering shares of Penn National are poised to snap out of those doldrums and bets on the operator of casinos under the Ameristar and Hollywood brands come after the stock surged 8.6 perblack bear casino world s biggest hamburgercent last week.Bullish Buying With about an hour left in Monday’s trading session, the August Penn National calls, the options mentioned above, had a volume of nearly 13,000 contracts, meaning buyers of those contracts are betting the stock moves above before the options expire on Aug. More than 1,800 of their machines are more than a decade old. 16. casino x no deposit bonus