
Shares of payments stocks Tuesday climbed, with Mastercard Inc (NYSE:MA) and PayPal Holdings Inc (NASDAQ:PYPL) rising more than 4% each, Visa Inc (NYSE:V) gaining over 3% and Block Inc (NYSE:SQ) adding more than 6%.
On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that there were bullish bets on all four of these stocks, but the largest were in Visa. The stock traded more than 2 times its average daily options volumes on Tuesday, with calls outpacing puts, he added.