Visa (V) Offering Possible 24.38% Return Over the Next 14 Calendar Days

view original post

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 24.38% return on risk over the next 14 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 $0.98 would be kept by the premium seller. The risk of $4.02 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 at 56.75 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

3 Great Income Stocks That Could Double Their Dividends
Thu, 30 Sep 2021 11:25:00 +0000
Dividend stocks can be one of your biggest wealth-building investments, provided you choose the right stocks. High yields do not necessarily make a dividend stock great, as a dividend yield is simply a function of a stock’s price, which can fluctuate. On the other hand, stocks that consistently grow their dividends often turn out to be the best dividend stocks in the long run in terms of total shareholder returns.

How your phone settings could let hackers steal thousands of pounds
Thu, 30 Sep 2021 10:58:40 +0000
In a video seen by the BBC, researchers showed how they exploited a gap in Apple Pay and Visa’s security systems, using a locked iPhone to make a payment of £1,000.

Does Visa Still Have Room to Grow?
Thu, 30 Sep 2021 10:41:00 +0000
Despite being a massive payment processor, here’s why there could be more upside potential ahead.

Visa to Expand Presence in Atlanta
Wed, 29 Sep 2021 14:05:00 +0000
SAN FRANCISCO, September 29, 2021–Visa Inc. (NYSE: V) announced today plans to grow its presence in Atlanta, including opening a new office in 2022.

Cousins Properties Announces Lease With Visa At 1200 Peachtree Building In Midtown Atlanta
Wed, 29 Sep 2021 14:05:00 +0000
Cousins Properties (NYSE: CUZ) announced today that Visa (NYSE: V) has signed a long-term, approximately 123,000 square foot lease at 1200 Peachtree in Midtown Atlanta. Visa, a world leader in digital payments, is expected to create approximately 1,000 new jobs in the region over the next several years as it establishes a permanent office presence in the Atlanta market. Initial occupancy is expected during the fourth quarter of 2022.

Be Sociable, Share!

Related Posts