MasterCard (NYSE: MA) closed at $198.45.
MA has a market cap of $26 billion with long term debt of $150 million. MA had 2007 total annual revenues of $4 billion.
Credit Suisse raised its rating on MA to Neutral from Underperform.
Visa, an electronic-payment processor is scheduled to be priced the week of March 17 and begin trading on March 20.
MA March option implied volatility of 44 is near its 26-week average of 44 according to Track Data, indicating non-directional price fluctuations.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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