Visa (V) Offering Possible 30.21% Return Over the Next 10 Calendar Days

Visa’s most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $148.00 short put and a strike $143.00 long put offers a potential 30.21% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $148.00 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock dropped below the $143.00 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 above 80 which suggests that the stock is in overbought territory.

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LATEST NEWS for Visa

Visa’s excessive fees and unfairness cannot go unchecked, Kroger
Sun, 03 Mar 2019 10:00:35 +0000
Kroger, one of America’s largest grocery chains, has had it up to here with Visa’s excessive transaction fees. Its Smith’s Food & Drug Stores will join Foods Co. Supermarkets brand in not accepting Visa credit cards as a form of payment, beginning 3rd April. That means the boycott now extends to 142 supermarket and 108 fuel centre locations across seven US states. “Visa has been misusing its position and charging retailers excessive fees for a long time,” comments Mike Schlotman, Kroger’s Executive Vice President and CFO. “They conceal from customers what Visa and its banks charge retailers to accept Visa credit cards. At Smith’s, Visa’s credit card fees are higher than any other credit card brand that we accept. Visa’s excessive The post Visa’s excessive fees and unfairness cannot go unchecked, Kroger appeared first on Coin Rivet.

[$$] Second Kroger Unit to Stop Accepting Visa Credit Cards
Sat, 02 Mar 2019 01:38:29 +0000
A second unit of supermarket chain Kroger Co. said Friday that it will stop accepting Visa Inc. credit cards at its 142 supermarkets and 108 gas stations across seven states. Kroger’s Smith’s Food & Drug said it would stop accepting Visa credit cards on April 3. It will continue to accept Visa debit cards.

Another Kroger unit to stop accepting Visa credit cards due to high fees
Fri, 01 Mar 2019 15:39:41 +0000
Kroger had stopped accepting Visa’s credit cards at its Foods Co stores in California in August last year, because of a price dispute over interchange rates and network fees. “At Smith’s, Visa’s credit card fees are higher than any other credit card brand that we accept.

Kroger’s Smith’s stores to stop accepting Visa credit cards, citing ‘excessive’ fees
Fri, 01 Mar 2019 13:11:00 +0000
Kroger Co. said its Smith’s Food & Drug Stores will no longer accept Visa Inc. credit cards, staring April 3, citing “excessive” fees. Smith’s will be the second Kroger chain of stores that will stop accepting Visa credit cards, following Foods Co. Supermarkets in California in August 2018. Smith’s operates 134 stores across 7 states, and has 20,000 employees. “Visa has been misusing its position and charging retailers excessive fees for a long time,” said Kroger Chief Financial Officer Mike Schlotman. “At Smith’s, Visa’s credit card fees are higher than any other credit card brand that we accept.” Kroger’s stock rose 0.1% in premarket trade and Visa shares gained 0.5%. Over the past 12 months, shares of Kroger have tacked on 6.8% through Thursday, Visa has climbed 23% and the Dow Jones Industrial Average has advanced 5.3%.

Buy Square Stock After Q4 Earnings as SQ Expands Fintech Reach?
Thu, 28 Feb 2019 21:50:09 +0000
The financial tech firm’s overall Q4 performance appeared strong and its growth initiatives seem to be paying off. So is now the time for investors to buy Square stock on the dip while they still can as the company tries to shake up the traditional credit card and banking industry?

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