Visa (V) Offering Possible 21.36% Return Over the Next 30 Calendar Days

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Visa’s most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $210.00 short call and a strike $220.00 long call offers a potential 21.36% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $1.76 would be kept by the premium seller. The risk of $8.24 would be incurred if the stock rose above the $220.00 long call 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 48.43 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, Boeing share gains contribute to Dow’s nearly 275-point climb
Mon, 14 Sep 2020 19:15:00 +0000
DOW UPDATE Buoyed by strong returns for shares of American Express and Boeing, the Dow Jones Industrial Average is climbing Monday afternoon. Shares of American Express (AXP) and Boeing (BA) are contributing to the blue-chip gauge’s intraday rally, as the Dow (DJIA) is trading 272 points higher (1.

Dow’s nearly 350-point rally highlighted by gains for shares of American Express, Microsoft
Mon, 14 Sep 2020 14:46:00 +0000
The Dow Jones Industrial Average is rallying Monday morning with shares of American Express and Microsoft delivering strong returns for the price-weighted average. Shares of American Express (AXP) and Microsoft (MSFT) have contributed to the blue-chip gauge’s intraday rally, as the Dow (DJIA) is trading 348 points, or 1.3%, higher. American Express’s shares are up $3.09 (3.0%) while those of Microsoft are up $4.69, or 2.3%, combining for a roughly 51-point boost for the Dow.

Dow jumps nearly 225 points on gains in shares of Apple Inc., American Express
Mon, 14 Sep 2020 13:46:00 +0000
DOW UPDATE Powered by strong returns for shares of Apple Inc. and American Express, the Dow Jones Industrial Average is up Monday morning. The Dow (DJIA) was most recently trading 224 points (0.8%) higher, as shares of Apple Inc.

4 Unstoppable Stocks to Buy With $2,500
Mon, 14 Sep 2020 09:51:00 +0000
If you can get any sort of meaningful discount on shares of Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), the parent company of Google and YouTube, I strongly suggest you consider taking it. As you can imagine, Alphabet has been clobbered by the coronavirus disease 2019 (COVID-19) pandemic. As an ad-based business, Alphabet has seen companies of all sizes pull back on their spending, which led the company to report its first year-on-year sales decline since going public.

Visa and PayPal Partnership Deal Extension Promises More Instant Pay Options for Users
Sun, 13 Sep 2020 14:11:24 +0000
Holders of cards with Visa Direct eligibility will have several means of effecting near-instantaneous payments.

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