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 15.21% return on risk over the next 26 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 $1.32 would be kept by the premium seller. The risk of $8.68 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 42.55 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
5 Reasons You Should Love Visa Inc and MasterCard Inc
Tue, 22 Apr 2014 11:31:56 GMT
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Mon, 21 Apr 2014 15:00:05 GMT
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Mon, 21 Apr 2014 14:00:04 GMT
Huge week ahead: Estimize earnings preview for the week of April 21
Mon, 21 Apr 2014 12:20:36 GMT
Is Vodafone Going to Kill Visa's Chances in Emerging Markets?
Sun, 20 Apr 2014 14:04:15 GMT
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