Senior investors are bullish on Visa Vand it’s important for retailers to take note. \This activity came to our attention today due to Benzinga’s monitoring of publicly available options data. The identities of these investors are uncertain, but such significant movement in V often signals that someone has inside information.
Today, Benzinga’s options scanner spotted 8 options trades for Visa. This is not a typical pattern.
Sentiment among these major traders is split, with 50% bullish and 50% bearish. Among all the options we identified there was one put, in the amount of $42,000, and 7 calls, in the amount of $621,674.
Expected price targets
Taking into account the volume and open interest on these contracts, it appears that whales have been targeting a price range between $270.0 and $295.0 for Visa over the last 3 months.
Volume and open interest analysis
In terms of liquidity and interest, the average open interest on Visa options trades today is 896.57 on total volume of 1,055.00.
In the chart below, we are able to follow the development of volume and open interest of call and put options for Visa’s large trades within a strike price range of $270.0 to $295.0 in the last 30 days.
Visa Call and Put Volume: 30-day overview
Largest options trades observed:
| Symbol | PUT/CALL | Type of trade | Feeling | Exp. Date | Strike price | Total commercial price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| V | CALL | SWEEP | BEARISH | 01/16/26 | $285.00 | $343.5K | 32 | 0 |
| V | CALL | TRADE | BEARISH | 01/16/26 | $275.00 | $103.0K | 84 | 20 |
| V | CALL | SWEEP | BULLISH | 03/22/24 | $287.50 | $48.7K | 819 | 39 |
| V | PUT | SWEEP | BULLISH | 03/22/24 | $285.00 | $42.0K | 1.0K | 649 |
| V | CALL | TRADE | BEARISH | 03/22/24 | $287.50 | $34.2K | 819 | 281 |
About Visa
Visa is the largest payment processor in the world. In fiscal 2022, it processed a total volume of more than $14 trillion. 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.
After examining Visa’s options trading models, our attention now turns directly to the company. This move allows us to delve deeper into its current market position and performance
Visa’s current market position
- Currently trading on volume of 1,081,854, V price is down -0.03%, now at $287.25.
- RSI readings suggest the stock may be approaching overbought currently.
- The expected earnings release is expected in 34 days.
What experts say about visas
Over the past month, 2 experts have released ratings on this stock with an average target price of $322.5.
- Maintaining his position, a Jefferies analyst continues to maintain a buy rating for Visa, targeting a price of $320.
- A Wells Fargo analyst decided to maintain an Overweight rating on Visa, which currently sits at a price target of $325.
Options trading involves higher risks but also offers the potential for higher profits. More experienced traders mitigate these risks through ongoing education, strategic trading adjustments, use of various indicators, and compliance with market dynamics. Stay on top of the latest Visa options trades with Benzinga Pro for real-time alerts.