Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 19.33% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Valero is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Valero is bearish.
The RSI indicator is at 20.2 level which suggests that the stock is neither overbought nor oversold at this time.
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
Which Institutions Sold HollyFrontier Stock?
Fri, 21 Dec 2018 14:00:33 +0000
In the previous part, we reviewed HollyFrontier’s (HFC) dividend yield trend, which stands at 2.5%. In this part, we’ll discuss which institutions bought or sold the stock in the third quarter based on the latest filings. Usually, everything else being equal, rising institutional holdings indicate a favorable opinion about a stock. In the third quarter, according to the latest filings, the Vanguard Group, BlackRock Institutional Trust Company, and Turtle Creek Management have reduced their holdings in HollyFrontier.
Valero Energy (VLO) Stock Moves -0.52%: What You Should Know
Thu, 20 Dec 2018 22:45:10 +0000
Valero Energy (VLO) closed at $70.61 in the latest trading session, marking a -0.52% move from the prior day.
HollyFrontier Stock Has Fallen 25% in Q4 2018
Thu, 20 Dec 2018 17:36:54 +0000
Since October 1, the beginning of the fourth quarter, HollyFrontier (HFC) stock has fallen 25%. During the same period, the SPDR S&P 500 ETF (SPY), a broader market indicator, has declined 13%. PBF Energy (PBF) and Phillips 66 (PSX) have fallen 36% and 26%, respectively, since October 1. Marathon Petroleum (MPC) and Valero Energy (VLO) have declined 28% and 38%, respectively, in the fourth quarter.
EIA Confirms Third Straight Week of Oil Inventory Drawdown
Thu, 20 Dec 2018 12:54:12 +0000
The federal government's EIA report revealed that crude inventories fell by 497,000 barrels for the week ending Dec 14.
Valero Energy Corporation to Announce Fourth Quarter 2018 Earnings Results on January 31, 2019
Wed, 19 Dec 2018 15:27:22 +0000
SAN ANTONIO, Dec. 19, 2018 — Valero Energy Corporation (NYSE:VLO) (“Valero”) today announced that it will host a conference call on January 31, 2019, at 10:00 a.m. ET to.
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