Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 30.89% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $3.82 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Tesoro 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 Tesoro is bullish.
The RSI indicator is at 41 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 Tesoro
Will Ultra Petroleum Reap the Benefits of its Risky Move this Quarter?
Thu, 13 Feb 2014 15:02:03 GMT
Miller Energy Resources Announces Trans-Foreland Pipeline Agreement With Tesoro
Wed, 12 Feb 2014 22:55:00 GMT
noodls – ANCHORAGE, AK — (Marketwired) — 02/12/14 — Miller Energy Resources, Inc. (Miller) (NYSE: MILL) today announced that its wholly-owned Alaskan subsidiary, Cook Inlet Energy (CIE) has entered into a Trans-Foreland …
Miller Energy Resources Announces Trans-Foreland Pipeline Agreement With Tesoro
Wed, 12 Feb 2014 22:13:39 GMT
Marketwired – Miller Energy Resources, Inc. today announced that its wholly-owned Alaskan subsidiary, Cook Inlet Energy has entered into a Trans-Foreland Pipeline Development Agreement with Tesoro Alaska Company and …
Tesoro: Undervalued Refinery Play With Long-Term Potential
Mon, 10 Feb 2014 18:05:40 GMT
Fast Money Final Trade: WHR, TSO, YHOO & HAIN
Fri, 07 Feb 2014 22:26:00 GMT
CNBC – The Fast Money traders share their final trades of the day.
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