Bull Market Turns Green in Late Trade!! Visa Call Options Active Ahead of Earnings! By: Tim Bolger

After being in the red most of the day, all of the major U.S. stock indexes turn Green in late trade…The Bulls are in control of this market and stocks continue to grind higher.  Apple(AAPL) is hitting another record high stock price, with an intraday high of $475.15.  Yup, Aapl is approaching a market capitalization of 1/2 trillion U.S. Dollars…and that Tech giant is amazing!! Stock runs to $550 in 2012 in my opinion.  Sorry Exxon Mobile…

Visa(V) reports after the bell and I am long the V $110 and $115 strike Feb 17, 2012 Call Options into earnings. Attached is the Feb 17, 2012 V Options Chains courtesy of Yahoo Finance: http://finance.yahoo.com/q/op?s=V+Options.  Check out the volume on the Feb 17, 2012 $110 and $115 strike V Call Options and prices jumping ahead of earnings today after the bell!! I took some profits off the table earlier today on a few of my Visa options contracts and I am hoping for a big earnings beat!! Visa is rallying this afternoon around 1% and the stock is approaching a record high price. I think V could run to $150 a share in 2012 and I am hopeful for an upbeat full year 2012 earnings and revenue guidance that beats the street expectations after the bell!! Keep an eye on BAC, GS, JPM, GNW, and C. All of these financial stocks are set to fly in 2012 and still have huge upside potential…Stay tuned for more of the Options and Market buzz at Optionshoney.com. See below a ten day chart on V courtesy of Fidelity Investments: