Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $195.00 short put and a strike $185.00 long put offers a potential 13.51% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $8.81 would be incurred if the stock dropped below the $185.00 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 76.48 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
Stock-market bulls face hurdles in the week ahead
Sat, 26 Oct 2013 01:22:47 GMT
CNBC – Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
The Key Dividend Stock To Beat The S&P 500 This Coming Decade
Fri, 25 Oct 2013 19:13:19 GMT
Seeking Alpha – If you have ever subscribed to the popular Ibottson Data booklet, you will know that the Dow Jones gave investors returns slightly in excess of 10% from 1926 through 2006. That's where the oft-referenced …
Pleas from Obama may hinder immigration bill push
Fri, 25 Oct 2013 17:56:33 GMT
USA TODAY – Some worry about backlash from those who dislike anything the president proposes.
Visa is something you want to own: Trader
Fri, 25 Oct 2013 16:30:00 GMT
CNBC – With shares of Visa touching an all-time high, is it time to take profits with earnings ahead? “Fast Money” traders Mike Murphy and Dan Nathan debate the credit card giant.
The New #7 Most Shorted Dow Component: Visa
Fri, 25 Oct 2013 13:48:00 GMT
Forbes – The most recent short interest data has been released by the NASDAQ for the 10/15/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by “days to cover.” There are a number of […]
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