Visa (V) Options Signal Bullish Bias: Key Strike Levels and Block Trades Point to $355 Target

• Visa’s options market shows heavy call open interest at $350–$360, with a block trade of 750 contracts at $350.
• Technical indicators suggest a short-term bullish trend, with price hovering near 30D and 200D moving average convergence.
• Recent news on AI-driven commerce and stablecoin partnerships align with the bullish setup.

Here’s the core insight: Visa’s options activity and technicals are painting a clear picture of upside potential. The stock is trading in a tight range near $347.83, but the options market is pricing in a strong push toward $355. Let’s break down why this matters for traders and how to position for it.

Bullish Sentiment in the Options Market: Calls Dominate at Key Strikes

The options chain tells a story of cautious optimism. For Friday’s expiration, the top call open interest is concentrated at $350–$360, with the $350 strike (OI: 1,369) and $355 strike (OI: 1,272) leading the pack. This suggests a lot of money is betting on a move above $347.83, especially if the stock breaks out of its Bollinger Band range (lower: $334.04, middle: $344.31, upper: $354.57).

But here’s the twist: the put open interest isn’t negligible. The top puts at $330–$335 (OI: 1,323–1,355) indicate hedging activity. Traders are buying protection just in case the stock stumbles. The put/call ratio of 0.79 (calls > puts) reinforces the bullish tilt, but the heavy put interest at $330 warns of potential support challenges.

Then there’s the block trade: 750 contracts of the $350 call (V20251017C350) with a turnover of $321,000. That’s a big bet by institutional players. Why $350? It’s just 3.5% above the current price, a level where a breakout could trigger a cascade of stop-loss orders and momentum buying. If the stock closes above $350 this week, it could validate the bullish case and push toward $360.

Company News Fuels the Bull Case

Visa’s recent headlines are a goldmine for context. The company’s push into AI-driven commerce (like the Visa Intelligent Commerce platform) and stablecoin integration (via Bridge and Google Pay) isn’t just buzz—it’s a strategic move to dominate the next phase of digital payments. These initiatives align with the options market’s focus on upside.

Take the Q1 2025 results: a 10% revenue jump and 16% cross-border volume growth. That’s not just resilience—it’s acceleration. And the partnership with VGS to secure AI transactions? That’s positioning Visa as a gatekeeper in a $100B+ market.

But here’s the catch: the stock dipped after earnings despite strong numbers. Analysts are flagging valuation concerns. The price-to-earnings ratio isn’t screaming “cheap,” so this move needs to be driven by fundamentals, not just speculation. The options data suggests investors are betting on the fundamentals holding up.

Actionable Trade Ideas: Calls and Breakouts

For options traders, the $350 call expiring this Friday (OI: 1,369) is a prime candidate. If Visa breaks above $347.95 (intraday high) and holds above $344.31 (middle Bollinger Band), this strike could see explosive gains. For a longer-term play, the $355 call expiring next Friday (OI: 1,482) offers leverage if the stock trends higher.

Stock traders should consider entry near $344.30 (middle Bollinger Band) with a target at $355. A stop-loss below $341.57 (30D support) would protect against a breakdown. If the stock closes above $350 this week, it could trigger a rally toward $360, where the 200D MA at $344.71 and 100D MA at $348.63 are no longer a drag.

Volatility on the Horizon: Eyes on the $350 Threshold

The next 48 hours are critical. If Visa closes above $350, it could spark a multi-day rally. But a close below $344.30 would test the 30D support at $341.58. The options market is pricing in a 60% chance of a bullish outcome, but the puts at $330–$335 are a reminder that volatility isn’t out of the picture.

The key takeaway? Visa is at a crossroads. The options data, technicals, and news all point to a bullish bias, but the stock’s ability to hold above $344.30 will determine whether this is a short-term pop or the start of a new uptrend. For traders, the $350–$355 strikes and $344.30 support level are the linchpins of this setup.

And one last thing: don’t forget the broader context. Visa’s October 28 earnings report could be the catalyst that tips the scales. If the company delivers another beat, the $360 level might not be the end of the story—it could just be the beginning.