Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $247.50 short put and a strike $242.50 long put offers a potential 13.12% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $247.50 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $242.50 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 above 80 which suggests that the stock is in overbought territory.
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
Britain to Offer Fast-Track Visas in New York, Paris and UAE
Thu, 13 Nov 2014 00:01:00 GMT
1:15 pm Visa extends to new session high of 251.74, nearing week long range top and multi-year at 252.43
Wed, 12 Nov 2014 18:15:00 GMT
Holiday shopping may not be more secure
Wed, 12 Nov 2014 17:40:57 GMT
Topeka Initiates Coverage On MasterCard And Visa
Wed, 12 Nov 2014 14:19:42 GMT
U.S., China reach ‘historic' deal to cut emissions
Wed, 12 Nov 2014 13:49:30 GMT
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