Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $222.50 short put and a strike $217.50 long put offers a potential 53.85% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $222.50 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $217.50 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
Bank of England blames decline of cash as it shuts Leeds office
Wed, 21 Apr 2021 23:01:08 +0000
The closure — planned for February 2023 — puts 34 jobs at risk.
Visa Deepens Global Commitment to Environmental Sustainability with Pledge to Reach Net-zero Emissions by 2040
Wed, 21 Apr 2021 11:00:00 +0000
Visa (NYSE: V), a leading global payments technology company, announced today a new global commitment to reach net-zero emissions by 2040, and that the company achieved carbon neutrality across its operations in 2020.i Visa also outlined plans to become a climate positive company through new partnerships and expanded initiatives to support sustainable commerce and the transition to a low-carbon economy beyond the company’s own footprint.
Visa (V) Dips More Than Broader Markets: What You Should Know
Tue, 20 Apr 2021 21:45:09 +0000
Visa (V) closed the most recent trading day at $223.28, moving -1.11% from the previous trading session.
Were Hedge Funds Right About Betting On Visa Inc (V)?
Tue, 20 Apr 2021 18:08:34 +0000
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the fourth quarter. You can find articles about an individual hedge fund’s trades on numerous financial […]
PayPal launches crypto trading on Venmo
Tue, 20 Apr 2021 15:07:14 +0000
PayPal will now allows users to buy, sell and hold cryptocurrency through its Venmo app. Yahoo Finance’s Myles Udland, Julie Hyman and Brian Sozzi share the details.
Related Posts
Also on Market Tamer…
Follow Us on Facebook