Unpacking the Latest Options Trading Trends in Visa
Portfolio Pulse from Benzinga Insights
Recent options trading activity in Visa (NYSE:V) has shown a significant interest from high-rolling investors, with a split sentiment of 50% bullish and 50% bearish. Benzinga's options scanner identified 8 notable trades, with a majority being calls totaling $621,674 versus a single put of $42,000. The targeted price range for Visa over the last 3 months is between $270.0 and $295.0. Visa's current market position shows a slight decrease in stock price by -0.03%, trading at $287.25, with an anticipated earnings release in 34 days. Analysts from Jefferies and Wells Fargo maintain positive outlooks on Visa, with target prices of $320 and $325, respectively.

March 20, 2024 | 3:32 pm
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NEUTRAL IMPACT
Visa's recent options trading activity indicates a mixed sentiment among investors, with a focus on calls. The stock's slight price decrease and upcoming earnings release, coupled with positive analyst ratings, suggest a nuanced short-term outlook.
The mixed sentiment in options trading, with a significant amount invested in calls, indicates uncertainty but leans towards a positive outlook. The slight price decrease is minimal and may not significantly impact the stock's short-term performance. However, the upcoming earnings release and positive analyst ratings from Jefferies and Wells Fargo suggest potential for growth, making the short-term impact neutral with a tendency towards positive.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100