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The May call on Visa



May 15, 2010 – Comments (6) | RELATED TICKERS: V , MA

Please correct me if I am mistaken.

But are'nt the May calls on Visa at 80 a screaming buy right now.

I don't trade options but this is a case where I would be highly tempted.

Hope this is of help to the more sophisticated traders out there.

Disclosure- Long term Visa shareholder. (since the begining actually :)


6 Comments – Post Your Own

#1) On May 15, 2010 at 11:31 PM, SockMarket (34.47) wrote:

I am not much of an options trader either but paying 1% for something 3.5% out of the money doesn't appear to be a big deal.

You would get a similar deal on MasterCard 220 options. 

If JNJ is any guide for fairly priced options these are about fairly priced, as 65 calls on JNJ sell for 0.04% and are 1.6% over. 

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#2) On May 15, 2010 at 11:44 PM, TMFUltraLong (99.41) wrote:

See, if it were me, I would be ALL over those May 85's like a fly on stink based on the Friday closing price because with the VIX as high as it is, some dumb dumb will easily pay 31-33c Mon or Tue for Visa 85 calls.... that'd be a quick 60% gain. Clearly this is a VERY risky trade, even more so than DragonLz and his garbage stocks and you need to be willing to lose 100% of your money if you want to play the options market. I guess the 80s dont look too bad.. but i prefer the 85s..livin on the edge.


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#3) On May 16, 2010 at 12:05 AM, HarryCaraysGhost (84.23) wrote:

Thanks to

danielthebear and


Obviously I'm not ready for options, I do have a nice limit order at 75 :)

and if neccessray at 65 :)

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#4) On May 16, 2010 at 12:24 AM, HarryCaraysGhost (84.23) wrote:

Main Entry: 1nec·es·sary Pronunciation: \ˈne-sə-ˌser-ē\Function: adjective Etymology: Middle English necessarie, from Latin necessarius, from necesse necessary, probably from ne- not + cedere to withdraw

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#5) On May 16, 2010 at 12:47 PM, Teacherman1 (< 20) wrote:

Thanks for the language lesson.

I also am not ready for options and probably never will be. Mind not nimble enough.

I did notice, however, that Jeff Fischer, the Motley Fool "Options Expert" is going to have a lesson on using them. It is supposedly free, but I suspect it will cost you some "spam" for a period of time.

If you have time and are interested, it might be worth a look. 

Have a nice Sunday. 

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#6) On May 16, 2010 at 1:20 PM, HarryCaraysGhost (84.23) wrote:

Thanks teacherman I'll check it out.

Lol! man did I mangle that word. (neccessray?)

Happy Sunday to you.

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