Visa Stock Sees Over $1M in Bullish Call Activity as Shares Hover Near 52-Week Highs
By TrendSpider Editor
Visa Inc. attracted notable unusual options activity on Friday, July 25, 2026, with two call contracts generating a combined premium of $1,052,922 as traders positioned for upside above current levels. Shares are trading at $353.92, up 0.69% on the session, and sit comfortably within the upper half
Visa Stock Sees Over $1M in Bullish Call Activity as Shares Hover Near 52-Week Highs
Visa Inc. attracted notable unusual options activity on Friday, July 25, 2026, with two call contracts generating a combined premium of $1,052,922 as traders positioned for upside above current levels. Shares are trading at $353.92, up 0.69% on the session, and sit comfortably within the upper half of their 52-week range of $293.89 to $365.14. Both contracts target strikes well above the current price, signaling that at least some market participants are betting on a meaningful breakout before September expiration.
Key Drivers of the V Stock Move
- Main Catalyst: Two unusual call contracts were flagged today, both expiring September 18, 2026. A $375 strike call printed 720 contracts for $471,672 in premium, and a $370 strike call printed 750 contracts for $581,250 in premium, together totaling $1,052,922 in unusual call flow with zero put activity detected.
- Bull Case: Both contracts are out-of-the-money, but the $370 strike call already has 44% open interest utilization with 750 contracts traded, suggesting meaningful conviction. With V trading at $353.92 and its 52-week high at $365.14, a move through resistance to the $370-$375 range is within striking distance.
- Bear Case: Both strikes sit above the 52-week high of $365.14, meaning these calls require Visa to set new annual highs and then extend further before September 18. With the stock already near the top of its range, there is limited technical cushion, and if momentum stalls, both positions expire worthless.
The forward setup for Visa looks constructive from a positioning standpoint. The concentration of call activity at the $370 and $375 strikes, with September 18 expiration, gives the trade roughly eight weeks to play out. Visa has demonstrated resilient payment volume trends and consistent earnings growth over recent quarters, and the stock's proximity to its 52-week high of $365.14 means any catalyst, whether a macro tailwind or company-specific news, could quickly bring those strikes into play. The lack of any corresponding put activity reinforces a one-sided bullish tone in today's unusual flow. Traders will be watching whether this week's momentum, with shares up 0.69% on the session, can be sustained into next week and whether V can challenge and clear the $365.14 ceiling that has capped the stock over the past year.
V Unusual Options Activity
- Contract 1: Call | Strike: $370 | Expiry: September 18, 2026 | Volume: 750 | Open Interest Utilization: 44% | Out of the money | Premium: $581,250
- Contract 2: Call | Strike: $375 | Expiry: September 18, 2026 | Volume: 720 | Open Interest Utilization: 29% | Out of the money | Premium: $471,672
Total premium across both contracts: $1,052,922. Put contracts flagged: 0. The entirely one-directional call flow with no offsetting put activity points to an outright bullish bias rather than a hedged or neutral strategy.
V Seasonality
Historically, Visa tends to see increased trading activity heading into its fiscal fourth quarter earnings, which typically fall in late July to early August, a period that aligns closely with the September 18 expiration window targeted by today's call buyers. If seasonal patterns hold and Visa delivers strong earnings results in coming weeks, the timing of these positions could prove well-calibrated.
V Relative Performance
Visa is trading at $353.92, representing a gain of 0.69% on the session and placing the stock approximately 20.4% above its 52-week low of $293.89. At the same time, shares remain about 3.1% below the 52-week high of $365.14, suggesting that while V has recovered strongly over the past year, it has not yet broken into fresh all-time high territory, a level that the September call buyers appear to be wagering it can reach and exceed.
More on V
- Visa Stock Inches Higher, Trading Within Striking Distance of Its 52-Week Peak
- Visa Stock Hovers Near 52-Week High as Shares Consolidate at $358.55
- Visa Stock Slips 1.7% After Touching 52-Week High of $365.14
- Visa Stock Surges 1.87% to $361.90, Trading Within Striking Distance of 52-Week High
- Visa Stock Inches Toward 52-Week High as Shares Trade at $358.69
Latest Market News
- Amazon Options Traders Pile Into $1.47M February 2027 Call as AMZN Trades Near $234
- Walmart Sees $1.5M in Unusual Options Activity as Traders Bet on Upside and Hedge Risk
- Chevron Sees $1.1M in Unusual Options Flow as Calls Target $210 and $220 Strikes
- Adobe Stock Surges 5.25% as ADBE Breaks Above Recent Resistance
- AMD Options Traders Bet Over $1 Million on Upside With Same-Day Call at $535
- Netflix Unusual Options Activity: A $1.6M Call Bet Points to Upside as NFLX Trades Near 52-Week Lows