TopgOptions

V Visa exposure to Russia and Ukraine

Short
Visa (NYSE:V)  
TopgOptions Updated   
NYSE:V   Visa
Visa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine.

Around $1.2 billion of Visa Inc.’s annual net revenue comes from Russia and Ukraine.

4% of Visa’s total net revenue comes from Russia and about 1% from Ukraine.

In this case, my price target for the stock is the $187 resistance, while the sell-off area could touch $174 - $183.

Trade closed: target reached:
VISA in the buy area!

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