Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 25.94% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock dropped below the $48.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Valero is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Valero is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Valero
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Helmerich & Payne – Press Releases
Wed, 04 Feb 2015 14:30:02 GMT
Tough talk from Shell, union as refinery pay talks resume
Tue, 03 Feb 2015 23:22:51 GMT
Tough talk from Shell, union as refinery pay talks resume
Tue, 03 Feb 2015 23:22:51 GMT
Oil jumps as dollar dives, crude up 19 percent in four days
Tue, 03 Feb 2015 22:15:14 GMT
Little sign of progress after contact to end U.S. refinery strike resumes
Tue, 03 Feb 2015 19:37:13 GMT
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