Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 33.69% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $3.74 would be incurred if the stock rose above the $62.50 long call 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 33.92 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
Valero: A High Dividend, for a Price
Thu, 02 Jul 2020 16:49:41 +0000
Management is taking care of shareholders through dividends and buybacks Continue reading…
Valero Energy (VLO) Stock Moves -1.68%: What You Should Know
Fri, 26 Jun 2020 21:50:09 +0000
Valero Energy (VLO) closed the most recent trading day at $56.32, moving -1.68% from the previous trading session.
Here's Why You Should Hold on to Valero Energy (VLO) Stock Now
Thu, 25 Jun 2020 14:32:02 +0000
Valero Energy (VLO) is well poised to benefit from mounting demand for distillate fuels since the current standard has set a target for the marine sector to slash sulphur emissions drastically.
Refiners start to add renewable diesel capacity, seen as cost-cutting move
Wed, 24 Jun 2020 16:37:33 +0000
Refiners such as HollyFrontier Corp and CVR Energy are exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with U.S. blending laws. The product, however, currently only occupies a tiny corner of diesel production – and logistical hurdles are likely to limit its growth in coming years. Refiners acquire used cooking oil, animal fats and soybeans from restaurants, grocers and farms to make renewable diesel, which is chemically identical to its petroleum-based peer and can be substituted in most diesel engines.
Top Energy Stocks for July 2020
Tue, 23 Jun 2020 16:03:06 +0000
The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies in the sector are Occidental Petroleum Corp. (OXY) and Diamondback Energy Inc. (FANG).
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