Visa (V) Offering Possible 81.82% Return Over the Next 29 Calendar Days

Visa’s most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $212.50 short put and a strike $207.50 long put offers a potential 81.82% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $212.50 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock dropped below the $207.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.

The RSI indicator is at 76.06 level which suggests that the stock is neither overbought nor oversold at this time.

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A small group of companies dominates the wireless phone industry in the United States, and Verizon Communications (NYSE: VZ) is one of them. The company operates a nationwide network, with nearly 30% of America’s cellular subscribers under its wing. Telecommunications is a unique business; it requires massive investments to build and maintain the towers and other infrastructure that make a wireless network run.

Visa Expands Global Investment in Women’s Football as First Ever FIFA Women’s Football Partner
Tue, 21 Dec 2021 11:00:00 +0000
SAN FRANCISCO, December 21, 2021–Visa (NYSE:V) today announced it has further expanded its support of women’s football by becoming the first Women’s Football Partner for the FIFA Women’s World Cup 2023™. This investment builds on long-term commitments Visa has made across Europe and around the world, to help elevate women’s football and usher in greater equality within the sport.

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