Financial giants have made a conspicuous bearish move on Visa. Our analysis of options history for Visa V revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $106,935, and 5 were calls, valued at $259,052.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $245.0 to $290.0 for Visa during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Visa options trades today is 1249.0 with a total volume of 654.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Visa's big money trades within a strike price range of $245.0 to $290.0 over 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 | 08/16/24 | $2.85 | $2.71 | $2.7 | $290.00 | $131.4K | 2.9K | 262 |
| V | CALL | TRADE | NEUTRAL | 06/20/25 | $47.3 | $46.7 | $47.03 | $245.00 | $47.0K | 2 | 12 |
| V | PUT | SWEEP | BEARISH | 06/14/24 | $1.84 | $1.49 | $1.63 | $272.50 | $44.3K | 731 | 269 |
| V | PUT | TRADE | BEARISH | 12/20/24 | $10.35 | $10.3 | $10.35 | $270.00 | $37.2K | 95 | 1 |
| V | CALL | TRADE | BULLISH | 06/20/25 | $47.3 | $46.7 | $47.22 | $245.00 | $28.3K | 2 | 12 |
About Visa
Visa is the largest payment processor in the world. In fiscal 2022, it processed over $14 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.
In light of the recent options history for Visa, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Visa's Current Market Status
- Trading volume stands at 2,778,797, with V's price down by -0.28%, positioned at $274.28.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 42 days.
Expert Opinions on Visa
In the last month, 1 experts released ratings on this stock with an average target price of $322.0.
- An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $322.
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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