Visa Unusual Options Activity

A deep-pocketed investor has adopted a bearish approach towards Visa V, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of this investor remains unknown, but such a substantial move in V usually suggests insider knowledge. We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Visa. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 2 are puts, totaling $76,060, and 8 are calls, amounting to $759,200.

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 $250.0 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 4319.4 with a total volume of 3,501.00.

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 $250.0 over the last 30 days.

Visa Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Present Market Standing of Visa

• With a trading volume of 1,208,756, the price of V has down by -0.2%, reaching $243.0. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 79 days from now.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Visa with Benzinga Pro for real-time alerts.