Smart Money Is Betting Big In Visa Options
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Visa, with 57% of options traders showing bearish tendencies. The trading activity suggests a price range of $260 to $310 for Visa. Analysts maintain positive ratings with target prices between $300 and $330.

October 24, 2024 | 7:45 pm
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Visa is experiencing bearish sentiment from options traders, with 57% showing bearish tendencies. Despite this, analysts maintain positive ratings with target prices ranging from $300 to $330.
The article highlights a significant bearish sentiment among options traders for Visa, with 57% of trades being bearish. This could indicate a short-term downward pressure on the stock price. However, analysts maintain positive ratings with target prices above the current trading price, suggesting a potential recovery or long-term positive outlook. The mixed signals from options trading and analyst ratings create a complex short-term outlook, but the immediate impact is likely negative due to the bearish options sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100