What the Options Market Tells Us About Visa

Whales with a lot of money to spend have taken a noticeably bearish stance on Visa.

Looking at options history for Visa V we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 20% of the investors opened trades with bullish expectations and 80% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $91,414 and 7, calls, for a total amount of $636,815.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $285.0 for Visa over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Visa options trades today is 1060.5 with a total volume of 539.00.

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 $220.0 to $285.0 over the last 30 days.

Visa 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
V CALL SWEEP BULLISH 01/17/25 $23.05 $22.65 $22.8 $280.00 $230.2K 1.4K 103
V CALL TRADE BEARISH 06/21/24 $23.5 $21.8 $21.8 $260.00 $220.1K 2.4K 0
V CALL TRADE BEARISH 05/03/24 $8.0 $7.7 $7.7 $275.00 $53.1K 68 92
V CALL SWEEP NEUTRAL 05/17/24 $9.0 $8.8 $8.85 $275.00 $43.3K 438 119
V CALL TRADE BEARISH 05/03/24 $7.75 $7.65 $7.65 $275.00 $32.8K 68 62

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.

Following our analysis of the options activities associated with Visa, we pivot to a closer look at the company's own performance.

Current Position of Visa

  • Trading volume stands at 1,536,329, with V's price up by 0.17%, positioned at $276.14.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 11 days.

Expert Opinions on Visa

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $306.75.

  • An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Visa, which currently sits at a price target of $335.
  • An analyst from Mizuho has decided to maintain their Neutral rating on Visa, which currently sits at a price target of $265.
  • Reflecting concerns, an analyst from TD Cowen lowers its rating to Buy with a new price target of $320.
  • An analyst from Redburn Atlantic downgraded its action to Neutral with a price target of $307.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Visa options trades with real-time alerts from Benzinga Pro.

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Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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