Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 35.5% 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 $100.00 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $3.69 would be incurred if the stock dropped below the $95.00 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 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
Has Suncor Energy (SU) Outpaced Other Oils-Energy Stocks This Year?
Mon, 04 Apr 2022 13:40:01 +0000
Here is how Suncor Energy (SU) and Valero Energy (VLO) have performed compared to their sector so far this year.
Valero Energy (VLO) Stock Sinks As Market Gains: What You Should Know
Fri, 01 Apr 2022 22:15:10 +0000
In the latest trading session, Valero Energy (VLO) closed at $101.27, marking a -0.27% move from the previous day.
Best Growth Stocks to Buy for April 1st
Fri, 01 Apr 2022 12:48:12 +0000
BAK, VLO, and MXL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on April 1, 2022.
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Fri, 01 Apr 2022 10:54:10 +0000
Target Hospitality (TH), Kroger (KR), Nordstrom (JWN), Valero Energy (VLO) and CONSOL Energy (CEIX) are five stocks with explosive relative price strength.
This #1 (Strong Buy) Oils and Energy Stock is a Smart Buy Right Now
Thu, 31 Mar 2022 13:40:01 +0000
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
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