Benzinga's options scanner just detected over 27 options trades for Visa V summing a total amount of $1,144,880.
At the same time, our algo caught 19 for a total amount of 627,490.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $195.0 to $295.0 for Visa over the last 3 months.
Volume & Open Interest Development
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 $195.0 to $295.0 in the last 30 days.
Visa Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| V | CALL | TRADE | BULLISH | 11/17/23 | $255.00 | $440.1K | 527 | 21 |
| V | PUT | SWEEP | BULLISH | 01/17/25 | $295.00 | $129.2K | 194 | 145 |
| V | PUT | SWEEP | BULLISH | 06/21/24 | $195.00 | $43.5K | 273 | 127 |
| V | PUT | SWEEP | BULLISH | 01/17/25 | $295.00 | $41.3K | 194 | 253 |
| V | CALL | TRADE | BULLISH | 01/17/25 | $250.00 | $36.0K | 2.4K | 22 |
Where Is Visa Standing Right Now?
- With a volume of 1,346,466, the price of V is up 0.87% at $243.16.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 36 days.
What The Experts Say On Visa:
- JP Morgan has decided to maintain their Overweight rating on Visa, which currently sits at a price target of $296.
- Baird downgraded its action to Outperform with a price target of $284
- Wedbush downgraded its action to Outperform with a price target of $270
- Mizuho downgraded its action to Neutral with a price target of $255
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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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