Smart Money Is Betting Big on Visa Options (NYSE: V)
Recently, major financial players have taken a notable bearish stance on Visa (NYSE: V). Our examination of Visa's options trading history uncovered 14 unusual trades.
Looking deeper, we found that just 21% of traders were optimistic about Visa's future, while a significant 57% exhibited bearish sentiment. Among the identified trades, there were 8 put options with a total value of $375,521, and 6 call options valued at $278,070.
Expected Price Movements
The trading patterns suggest that significant investors are anticipating price movements between $260.00 and $310.00 for Visa in the next three months.
Analyzing Volume & Open Interest
The average open interest for Visa options trades today stands at 681.27, accompanied by a total trading volume of 1,760.00.
The following chart details the trends in volume and open interest for Visa’s call and put options, focusing on large trades with strike prices between $260.00 and $310.00 over the past 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 recognized as the largest payment processor globally. In fiscal year 2023, the company facilitated close to $15 trillion in transactions. With operations in over 200 nations, Visa handles transactions in more than 160 different currencies and possesses the capability to process over 65,000 transactions every second.
Given the current trends in options trading for Visa, it's worthwhile to assess the company's operational performance.
Current Position of Visa
- The latest trading volume for Visa stands at 2,698,419, with the stock price decreasing by 0.81% to reach $281.47.
- The current Relative Strength Index (RSI) indicates that the stock may be nearing overbought territory.
- Visa’s next earnings report is set to be released in 5 days.
Professional Analyst Ratings for Visa
Within the past month, five analysts have shared their ratings on Visa stock, resulting in an average target price of $316.00.
Unusual Options Activity Detected: Smart Money on the Move
Tracking unusual options activity can highlight potential market movers before they occur. First, a Morgan Stanley analyst maintains an Overweight rating with a target price of $322. Second, a BMO Capital analyst holds an Outperform rating, targeting $310. Meanwhile, Macquarie remains with an Outperform rating, expecting the price to reach $300. Additionally, a Baird analyst holds onto their Outperform rating, predicting a price of $330. Lastly, an analyst from Oppenheimer has adjusted their rating to Outperform with a new price target of $318.
Engaging in options trading carries higher risks but also offers opportunities for greater profits. Experienced traders often mitigate these risks through continuous learning, strategic trade adjustments, and by keeping an eye on market trends. Stay updated on the latest options trades for Visa to make informed decisions.
investment, options, trade