Bought to open $V July 21st 96/100/102 BWBF for 1.68. This buy 1×96 call, sell 2×100 calls, and buy 1×102. The trade has bullish bias… top profit of 2.32 if it ends Friday at 100. Minimum profit of .32 no matter how high it goes. Max loss 1.68 below 96.00.
Visa has a bullish chart with high open interest at 100.
Biggest UP move: 10.2%, Biggest DOWN move: -3.6%, Average move: 3.4%. Top profit is at +1.6%.