Visa (NYSE: V) is recently up $1.39 to $76.44.
V will report its first quarterly EPS results since its IPO tonight.
SunTrust says: "We project that significant prospective operating leverage will propel EPS, EBITDA and FCF well ahead of organic revenue growth."
V call option volume of 39,763 contracts compares to put volume of 10,938 contracts. V May option implied volatility of 66 is above its five-week average of 45 according to Track Data, suggesting larger price uncertainty.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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