20000 V May 81 and Jun 82.5 calls and Jan 2018 100/120 calls went up in 4 blocks on the PHLX marked spread. ?
Shares Visa Inc. (V) are down 2.18 to 78.62.? V is near the upper end of the 52 week range.
- Paper traded 20000 V May 81 and Jun 82.5 calls for.37 and .50 and Jan 2018 100/120 calls for 2.40.?
- The ADV is 21134.?
- The OI is over 706/9632 and 210/168 contracts.
The volume went up in 4 blocks on the PHLX marked spread. ?The 4 way spread appears to be at least short Jun 82.5s with the May 81 calls possible buy to make this a diagonal spread.? The Jan 2018 100/120 is an outright buy of the call spread.? It is possible the trader is using the short term calls to help finance the longer term vertical call spread.? That would make this short term neutral to bearish but longer term bullish.
- IV 30 is trading for 19%.?
- HV10 is trading for 13%.?
- IV 30 is trading below the HV 10.
Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world.