Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $215.00 short call and a strike $225.00 long call offers a potential 16.14% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $215.00 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $8.61 would be incurred if the stock rose above the $225.00 long call 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 66.99 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
Visa Inc. to Participate in Upcoming Investor Conferences
Tue, 16 Feb 2021 21:05:00 +0000
Visa Inc. (NYSE: V) today announced its participation in the following investor conferences.
PayPal Is Now Worth More Than Mastercard. Why It May Extend Its Lead.
Tue, 16 Feb 2021 20:19:00 +0000
PayPal could become a “super app” as it expands into areas like Bitcoin and other digital payment services. Wall Street is impressed.
A Big Fund Bought Up Marijuana Stock Aurora Cannabis and Mastercard.
Mon, 15 Feb 2021 12:00:00 +0000
British Columbia Investment Management raised its investment in marijuana stock (ACB) (ticker: ACB), and bought more (MA) (MA) stock, while it cut positions in (V) (V) and (SHOP) (SHOP) stock in the fourth quarter. The manager of the Canadian province’s public funds disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission. BCI, as the pension is known, declined to comment on the investment changes.
Billionaire Ken Fisher’s Top 10 Stock Picks
Sat, 13 Feb 2021 18:21:20 +0000
In this article, we examined billionaire Ken Fisher’s top 10 stock picks to see how these stocks performed in 2020 and what the future prospects are. Click to skip ahead and see Billionaire Ken Fisher’s Top 5 Stock Picks. Billionaire Ken Fisher’s strategy of investing in high growth stocks paid off in 2020 as his […]
Visa Stock: Bullish Option Trade With 23% Return Potential
Fri, 12 Feb 2021 15:17:07 +0000
Visa (V) has broken back above the 50-day moving average with a slightly improved RS Rating (although it's still rather low at only 18). An easy option trade worth looking at on V stock is a bull put spread. A bull put spread is a defined risk option strategy that profits if the stock closes above the short strike at…
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