Whales Bearish on Visa as Analysis Shows Options Activity in Key Price Range

Whales with significant financial resources have shown a bearish sentiment towards Visa, the well-known payment processor. Analyzing the options history for Visa reveals a total of 10 trades, with a distribution of 30% bullish and 60% bearish expectations among investors. These trades consist of 2 puts amounting to $61,164 and 8 calls totaling $723,595. It seems that the whales have been eyeing a price range between $250.0 to $280.0 for Visa over the past three months.

Observing the volume and open interest of calls and puts within the strike price range from $250.0 to $280.0 in the last 30 days provides valuable insight into whale activity around Visa. This data aids in monitoring the liquidity and interest in Visa’s options at specific strike prices. Visa, the world’s largest payment processor, processed nearly $15 trillion in total volume in fiscal 2023, operating across over 200 countries and over 160 currencies.

With market experts issuing ratings for Visa and a consensus target price of $309.0, it is crucial to understand the company’s current market status and performance. Options trading carries higher profit potential but is also riskier than stock trading. Successful options trading involves daily education, strategic trading execution, monitoring multiple indicators, and staying abreast of market trends. Stay informed about the latest options trades for Visa with real-time alerts from Benzinga Pro to make more informed investment decisions.