Visa mentioned positively at Piper Jaffray Piper said contacts indicate Senator John Tester has enough votes to delay the Durbin amendment by up to 2 years. The firm belives fundamentals remain strong and reiterates its Overweight rating.
Visa calls active on activist investor speculation Visa August 74.5 and 75 calls are active on total call volume of 12K (1K puts) on activist investor speculation. August call option implied volatility is at 18, September is at 19; compared to its 52-week range of 14 to 31. Active call volume suggests traders taking positions for upside price movement.