Investors with a lot of money to spend have taken a bearish stance on Visa V.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with V, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 8 uncommon options trades for Visa.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 50%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $88,896, and 5 are calls, for a total amount of $204,327.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $290.0 to $330.0 for Visa over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Visa's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Visa's whale activity within a strike price range from $290.0 to $330.0 in the last 30 days.
Visa Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V | CALL | TRADE | BEARISH | 06/20/25 | $29.45 | $27.85 | $28.01 | $305.00 | $56.0K | 435 | 20 |
| V | CALL | SWEEP | BEARISH | 01/15/27 | $49.25 | $48.05 | $48.05 | $320.00 | $48.0K | 79 | 10 |
| V | CALL | TRADE | BULLISH | 12/20/24 | $25.45 | $24.95 | $25.4 | $290.00 | $38.1K | 1.7K | 19 |
| V | CALL | SWEEP | BEARISH | 12/13/24 | $26.15 | $24.5 | $26.15 | $290.00 | $37.1K | 49 | 15 |
| V | PUT | TRADE | BEARISH | 01/16/26 | $16.1 | $15.85 | $16.05 | $300.00 | $32.1K | 238 | 110 |
About Visa
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Having examined the options trading patterns of Visa, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Visa
- Currently trading with a volume of 1,902,882, the V's price is down by -0.25%, now at $314.29.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 52 days.
Expert Opinions on Visa
1 market experts have recently issued ratings for this stock, with a consensus target price of $347.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Visa, targeting a price of $347.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Visa, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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