Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $212.50 short put and a strike $207.50 long put offers a potential 31.23% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $212.50 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 would be incurred if the stock dropped below the $207.50 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 74.61 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
MoneyGram (MGI) Ties Up to Ease India's Cross-Border Remittances
Thu, 23 Dec 2021 18:29:06 +0000
MoneyGram (MGI) collaborates with Paytm in India for a milestone digitization move and facilitating cross-border fund transfers.
Mastercard (MA) Offers Tokenization to Google Pay Users in India
Thu, 23 Dec 2021 18:22:06 +0000
Mastercard (MA) teams up with Alphabet to launch the tokenization process for Google Pay users with an MA card while pursuing digital payments across India.
Market strategist: At what point will inflation risks ‘hand the baton to the labor market?’
Thu, 23 Dec 2021 17:20:04 +0000
Girard CIO Timothy Chubb joins Yahoo Finance Live to discuss the impact the Omicron variant and inflation will have upon the financial and labor markets.
10 Dividend Stocks to Buy According to Billionaire Louis Bacon
Thu, 23 Dec 2021 14:01:40 +0000
In this article, we discuss the 10 dividend stocks to buy according to billionaire Louis Bacon. If you want to skip our detailed analysis of Bacon’s history, investment philosophy, and hedge fund performance, go directly to the 5 Dividend Stocks to Buy According to Billionaire Louis Bacon. Louis Moore Bacon is a philanthropist, hedge fund manager, […]
MainStay VP Winslow Large Cap Growth Portfolio Buys Tesla Inc, Advanced Micro Devices Inc, …
Thu, 23 Dec 2021 11:38:01 +0000
Investment company MainStay VP Winslow Large Cap Growth Portfolio (Current Portfolio) buys Tesla Inc, Advanced Micro Devices Inc, Salesforce.com Inc, Match Group Inc, Lucid Group Inc, sells Mastercard Inc, United Parcel Service Inc, Visa Inc, Starbucks Corp, Cintas Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, MainStay VP Winslow Large Cap Growth Portfolio.
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