Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $260.00 short put and a strike $255.00 long put offers a potential 17.92% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $255.00 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 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
12:55 pm Visa working up toward its morning high and its multi-year high from Monday at 265.58/265.63
Thu, 11 Dec 2014 17:55:00 GMT
Breach insurance: Not just for the big guys
Tue, 09 Dec 2014 15:06:01 GMT
USA TODAY – Just 33% of small- to medium-sized businesses carry cyberliability insurance today.
FIDO 1.0 Specifications Are Published and Final – Preparing for Broad Industry Adoption of Strong Authentication in 2015
Tue, 09 Dec 2014 12:59:00 GMT
Marketwired – The FIDO Alliance , an open industry consortium delivering standards for simpler, stronger authentication, today published final 1.0 drafts of its two specifications — Universal Authentication Framework …
Transit Visa Panic Grips Macau Investors — Wrongly, Union Gaming Says
Tue, 09 Dec 2014 08:26:00 GMT
Two Gauges That Point To Fund Buying In A Stock
Mon, 08 Dec 2014 23:18:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook