Financial giants have made a conspicuous bearish move on Visa. Our analysis of options history for Visa (NYSE:V) revealed 14 unusual trades.
Delving into the details, we found 21% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $375,521, and 6 were calls, valued at $278,070.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $310.0 for Visa over the recent three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Visa options trades today is 681.27 with a total volume of 1,760.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Visa's big money trades within a strike price range of $260.0 to $310.0 over the last 30 days.
Visa Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V | PUT | SWEEP | BEARISH | 12/20/24 | $7.8 | $7.75 | $7.8 | $280.00 | $121.6K | 1.1K | 161 |
| V | CALL | TRADE | BEARISH | 12/18/26 | $56.5 | $56.0 | $56.0 | $265.00 | $56.0K | 127 | 10 |
| V | CALL | TRADE | NEUTRAL | 11/15/24 | $5.35 | $5.2 | $5.28 | $287.50 | $52.2K | 140 | 118 |
| V | CALL | SWEEP | BEARISH | 11/01/24 | $4.55 | $4.45 | $4.5 | $285.00 | $49.9K | 461 | 289 |
| V | CALL | TRADE | NEUTRAL | 03/21/25 | $15.5 | $15.25 | $15.39 | $285.00 | $49.2K | 293 | 32 |
About Visa
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
In light of the recent options history for Visa, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Visa
- With a trading volume of 2,698,419, the price of V is down by -0.81%, reaching $281.47.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 5 days from now.
Professional Analyst Ratings for Visa
In the last month, 5 experts released ratings on this stock with an average target price of $316.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.* Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Visa with a target price of $322. * Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Visa, targeting a price of $310. * An analyst from Macquarie persists with their Outperform rating on Visa, maintaining a target price of $300. * An analyst from Baird has decided to maintain their Outperform rating on Visa, which currently sits at a price target of $330. * An analyst from Oppenheimer has revised its rating downward to Outperform, adjusting the price target to $318.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Visa with Benzinga Pro for real-time alerts.
