Hot MOMO Plays and Trading Morsels

[slulaw]

The casino fundamentals are really starting to improve, and the numbers out of Vegas are and Macau are starting to show how strong things are. Rooms rates are up and there is not much newbuilding in Las Vegas. Once spending per customer rebounds it should look real good. As a disclosure, I follow and own Harrah's bonds and have traded them a few times over the past couple of years. I may use a call spread and some puts sales as a way to eventually play LVS. Great name and awesome earnings power.