Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 45.77% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $113.00 by expiration. The full premium credit of $1.57 would be kept by the premium seller. The risk of $3.43 would be incurred if the stock dropped below the $108.00 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 at 74.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
Valero Energy Corporation (NYSE:VLO): Ex-Dividend Is In 5 Days, Should You Buy?
Thu, 10 May 2018 00:11:24 +0000
Important news for shareholders and potential investors in Valero Energy Corporation (NYSE:VLO): The dividend payment of $0.8 per share will be distributed into shareholder on 05 June 2018, and theRead More…
Andeavor Saw Rating Changes after 1Q18 Earnings Results
Wed, 09 May 2018 15:20:02 +0000
In this series, we’ve examined Andeavor’s (ANDV) refining margin performance in 1Q18. We also discussed ANDV’s stock performance on the day of its earnings release on May 7. Now, we’ll examine analyst ratings for ANDV after its 1Q18 earnings and merger announcement.
Which Region Boosted Phillips 66’s Refining Margin in 1Q18?
Wed, 09 May 2018 14:31:15 +0000
We began this series with a look at Phillips 66’s (PSX) 1Q18 capex (capital expenditure), and we also looked at its segment-by-segment growth activities. We concluded that PSX is aiming at diversified, integrated earnings growth.
Is US Gasoline Demand Driving Crude Oil Futures?
Wed, 09 May 2018 13:55:02 +0000
According to the EIA, the four-week average US gasoline demand decreased 0.3% to 9,326,000 bpd (barrels per day) on April 20–27. However, the demand increased by 111,000 bpd or 1.2% YoY (year-over-year).
How Andeavor Stock Performed on Day of Earnings Release
Wed, 09 May 2018 13:50:02 +0000
Andeavor (ANDV) announced its results after markets closed on May 7. Let’s look at how Andeavor stock performed on the day.
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