Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $230.00 short put and a strike $225.00 long put offers a potential 51.52% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $230.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $225.00 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 64.54 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
American Express CEO: Don't expect a crypto-linked credit card anytime soon
Mon, 25 Oct 2021 18:31:57 +0000
American Express Chairman and CEO Stephen Squeri weighs in on the financial services industry's shift to cryptocurrencies.
Service Stocks Oct 26 Earnings Roster: V, SPGI and More
Mon, 25 Oct 2021 16:09:04 +0000
Investors interested in the Business Services sector can watch out for reports of V, SPGI, WM and TRU this earnings season.
This Dividend Stock Is Rolling in Cash. But Is It a Buy?
Mon, 25 Oct 2021 13:51:37 +0000
Visa's excellent cash position is just one indication of why it's a great buy for its dividend and long-term returns.
Why Earnings Season Could Be Great for Visa (V)
Mon, 25 Oct 2021 12:32:12 +0000
Visa (V) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Plaid teams up with Square, Marqeta, SoFi, others to move into payments
Thu, 21 Oct 2021 21:54:01 +0000
“How people pay is undergoing a massive transformation,” said Paul Williamson, head of revenue and partnerships at Plaid.
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