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 19.19% return on risk over the next 27 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 $1.61 would be kept by the premium seller. The risk of $8.39 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 65.68 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, ADP Partner To Unveil New Direct Deposit Option Via Debit Card
Thu, 18 Feb 2021 22:28:45 +0000
On Thursday, Visa Inc (NYSE: V) and Automatic Data Processing Inc (NASDAQ: ADP) announced a partnership to provide flexible payment options to ADP’s clients. What Happened: ADP is a provider of human capital management solutions with more than 860,000 clients. Visa Direct, the company's real-time push payments platform, allows ADP, “to deliver digital payments directly to their employees via an eligible debit card,” said the press release. “By enrolling in ADP’s Wisely Now Debit program, employers are providing the ability for employees to receive payments like off-cycle bonuses and reimbursements that occur between payday in a faster, and more convenient way.” Why It Matters: The pandemic shifted how people work and many companies may choose to keep staff working remotely post-COVID-19 pandemic. For ADP’s clients, having a simple and quick way to pay employees working from home has become necessary. The payment solutions tool will allow ADP’s clients to digitally pay and reimburse their employees while reducing paperwork and making the process more convenient for employees and human resources departments. “Now more than ever, it is critical for workers to have quick and convenient access to their wages and to get money into their hands when they need it,” Bill Sheley, global head of Visa Direct, said in the press release. ADP plans to make the payment integration available to its clients over the coming months. (Photo by John Tuesday on Unsplash) See more from BenzingaClick here for options trades from BenzingaWhy BofA Sees B Opportunity In Canadian Sports BettingPalantir Partners With Akin Gump For Legal Digital Platform, RegSpot© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Visa and ADP Unveil Flexible Digital Payment Options to Serve U.S. Workforce
Thu, 18 Feb 2021 12:00:00 +0000
As COVID-19 continues to accelerate the shift to digital, more businesses and individuals are now operating in an on-demand world, driven by flexibility, convenience and speed. Digital payments play a critical role in this movement, particularly with regards to work, as employers look for optimized ways to conduct their business and employees look to get paid quickly, conveniently and securely.
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.
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