Looking at **Visa (V)** for a Jan 2028 LEAP.
**Breakout** – V finally broke above the \~$375 resistance and is holding around $381.
**Cheap volatility** – IV \~20%, IV Percentile only **16%**. Good environment for buying LEAPS.
**Contract** – Looking at **Jan 2028 $410 Call**, around $42–43.
**Premium at risk** – about **11% of the stock price**, with \~0.50–0.55 delta.
**Fits my book rules** – this falls nicely into my **Core LEAPS** setup: long duration, reasonable delta, low IVP and controlled premium at risk.
I may wait for a small retest of the breakout before entering, but **V is now high on my LEAPS list.**
Anyone else looking at Visa here?
