Visa Inc Could Decline a Lot According to The Today’s Call Option Activity

 Visa Inc Could Decline a Lot According to The Today's Call Option Activity

In today’s session Visa Inc (V) recorded an unusually high (711) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious V decrease. With 711 contracts traded and 3074 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: V161118P00072500 closed last at: $0.35 or 23.9% down. The stock decreased 0.16% or $0.13 during the last trading session, hitting $82.73. About 5.77M shares traded hands. Visa Inc (NYSE:V) has risen 11.01% since March 1, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

Analysts await Visa Inc (NYSE:V) to report earnings on November, 7. They expect $0.73 EPS, up 17.74% or $0.11 from last year’s $0.62 per share. V’s profit will be $1.73B for 28.33 P/E if the $0.73 EPS becomes a reality. After $0.69 actual EPS reported by Visa Inc for the previous quarter, Wall Street now forecasts 5.80% EPS growth.

Visa Inc (NYSE:V) Ratings Coverage

Out of 21 analysts covering Visa Inc. (NYSE:V), 15 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 71% are positive. Visa Inc. has been the topic of 33 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Wednesday, December 16 the stock rating was initiated by UBS with “Buy”. JP Morgan maintained the stock with “Overweight” rating in Friday, August 14 report. The stock of Visa Inc (NYSE:V) has “Outperform” rating given on Monday, October 19 by Oppenheimer. As per Tuesday, November 3, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of V in a report on Friday, January 29 with “Outperform” rating. The stock has “Neutral” rating given by Bank of America on Thursday, February 11. The company was maintained on Friday, July 22 by Stifel Nicolaus. The firm has “Buy” rating by Guggenheim given on Thursday, October 8. Keefe Bruyette & Woods maintained the stock with “Outperform” rating in Tuesday, December 8 report. FBR Capital maintained Visa Inc (NYSE:V) on Friday, July 24 with “Mkt Perform” rating.

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.07, from 1.06 in 2016Q1. The ratio dropped, as 54 funds sold all Visa Inc shares owned while 562 reduced positions. 108 funds bought stakes while 500 increased positions. They now own 1.67 billion shares or 5.23% less from 1.76 billion shares in 2016Q1.
Pitcairn Com has 98,901 shares for 0.94% of their US portfolio. The California-based Capital Int Ca has invested 1.16% in Visa Inc (NYSE:V). The Georgia-based Atlantic Trust Grp Inc Ltd Liability has invested 0.87% in Visa Inc (NYSE:V). Thomas J Herzfeld Advsr holds 0.03% of its portfolio in Visa Inc (NYSE:V) for 687 shares. Moreover, Anchor Cap Lc has 0.01% invested in Visa Inc (NYSE:V) for 3,921 shares. Cornerstone Advisors accumulated 6,584 shares or 0.5% of the stock. Paradigm Fincl Advisors Limited Liability Corporation last reported 0.83% of its portfolio in the stock. Evercore Wealth Management Lc holds 0.05% of its portfolio in Visa Inc (NYSE:V) for 16,285 shares. Inv House Limited Liability Corporation reported 9,305 shares or 0.11% of all its holdings. Ascend Cap Limited Liability has invested 1.24% of its portfolio in Visa Inc (NYSE:V). Burnham Asset Mgmt Ny holds 1.06% of its portfolio in Visa Inc (NYSE:V) for 51,400 shares. Andra Ap accumulated 0.33% or 174,400 shares. Franklin Resources Incorporated has invested 0.31% of its portfolio in Visa Inc (NYSE:V). Trb Advsrs Lp, a New York-based fund reported 40,000 shares. Gardner Russo And Gardner Ltd Liability Company owns 541,106 shares or 0.34% of their US portfolio.

Visa Inc. is a payments technology company. The company has a market cap of $195.69 billion. The Firm and its subsidiaries, including Visa U.S.A. It has a 40.92 P/E ratio. Inc. , Visa International Service Association (Visa International), Visa Worldwide Pte.

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