Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $86.50 short put and a strike $81.50 long put offers a potential 45.35% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.50 by expiration. The full premium credit of $1.56 would be kept by the premium seller. The risk of $3.44 would be incurred if the stock dropped below the $81.50 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 71.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
Oil & Gas Stock Roundup: Acquisition News from Sunoco Logistics, Tesoro and More
Tue, 22 Nov 2016 22:00:10 GMT
WESTERN REFINING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Refining, Inc.
Tue, 22 Nov 2016 20:27:00 GMT
PR Newswire – NEW ORLEANS, Nov. 22, 2016 /PRNewswire/ — Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale …
Tesoro Logistics Inks Deals worth $1.1B to Solidify Operations
Tue, 22 Nov 2016 13:56:01 GMT
TESORO CORP /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Dispos
Mon, 21 Nov 2016 22:19:44 GMT
Tesoro Logistics to buy North Dakota energy assets for $700 mln
Mon, 21 Nov 2016 21:38:49 GMT
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