Options On Visa To Make Their Debut

Visa (NYSE:V) debuted on Wednesday, March 19, 2008, with what can only be called a very successful IPO. In this time of concerns over credit, Visa has no such exposure because the company does not own any of the debt accumulated by consumers. The company simply processes the transactions and the consumer's debt is owned by other institutions.

At the close of its first trading day, Visa stock closed up 28% from it's $44 share price. Today, it closed up again at $64.35.

So, when will options be available? We have it on good authority that options on Visa will begin trading as early as next Friday.

Those interested in trading options on Visa, should check with their broker for the latest information.

Source: OptionClub