Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $200.00 short put and a strike $190.00 long put offers a potential 19.05% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $8.40 would be incurred if the stock dropped below the $190.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 56.97 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Visa
VIP Strategic Income Portfolio Buys Williams-Sonoma Inc, Builders FirstSource Inc, GXO …
Thu, 16 Dec 2021 05:38:02 +0000
Investment company VIP Strategic Income Portfolio (Current Portfolio) buys Williams-Sonoma Inc, Builders FirstSource Inc, GXO Logistics Inc, sells California Resources Corp, Carrier Global Corp, Whirlpool Corp, Micron Technology Inc, Charles River Laboratories International Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, VIP Strategic Income Portfolio.
Visa (V) Gains But Lags Market: What You Should Know
Wed, 15 Dec 2021 22:45:10 +0000
Visa (V) closed at $212.31 in the latest trading session, marking a +1.11% move from the prior day.
Visa's board OKs $12 billion share buyback
Wed, 15 Dec 2021 22:34:22 +0000
Visa Inc. said in a filing late Wednesday its board has authorized a new $12 billion share repurchase program. Combined with funds left over from a previous authorization, funds available for future share repurchases total $13.2 billion, Visa said, with no expiration date. Shares of Visa rose 0.9% in the extended session Wednesday, after ending the regular trading day up 1.1%.
Visa (V) Ties Up to Boost Global Fund Transfer in Canada
Wed, 15 Dec 2021 18:48:06 +0000
Visa (V) forms partnership with CIBC and Simplii Financial to facilitate additional cross-border payment options.
Mastercard (MA) Ties Up to Ease Credit Lending in Asia Pacific
Wed, 15 Dec 2021 15:20:03 +0000
Mastercard (MA) joins forces with Eureka AI for offering innovative credit risk assessment tools to the former's customers and aiding in swift lending decisions.
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