Investors with a lot of money to spend have taken a bearish stance on Visa (NYSE:V).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with V, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 29 uncommon options trades for Visa.

This isn't normal.

The overall sentiment of these big-money traders is split between 34% bullish and 44%, bearish.

Out of all of the special options we uncovered, 16 are puts, for a total amount of $1,285,853, and 13 are calls, for a total amount of $781,728.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $270.0 to $370.0 for Visa during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Visa's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Visa's substantial trades, within a strike price spectrum from $270.0 to $370.0 over the preceding 30 days.

Visa Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
V	PUT	SWEEP	BULLISH	03/20/26	$1.01	$0.95	$0.95	$270.00	$219.3K	581	4.4K
V	PUT	TRADE	NEUTRAL	03/20/26	$40.9	$39.0	$39.92	$350.00	$199.6K	959	50
V	PUT	SWEEP	BULLISH	12/17/27	$49.1	$47.15	$47.15	$335.00	$193.3K	109	41
V	CALL	SWEEP	BEARISH	04/17/26	$7.1	$7.1	$7.1	$325.00	$186.0K	319	394
V	CALL	TRADE	BEARISH	05/15/26	$2.9	$2.43	$2.49	$355.00	$171.3K	295	704

About Visa

Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

After a thorough review of the options trading surrounding Visa, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Visa Standing Right Now?

• With a trading volume of 6,233,908, the price of V is down by -4.55%, reaching $306.36.
• Current RSI values indicate that the stock is may be approaching oversold.
• Next earnings report is scheduled for 64 days from now.

What Analysts Are Saying About Visa

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $396.0.

• Consistent in their evaluation, an analyst from Macquarie keeps a Outperform rating on Visa with a target price of $410.
• In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $400.
• An analyst from Freedom Capital Markets upgraded its action to Buy with a price target of $375.
• An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $395.
• Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $400.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.