Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $49.00 short call and a strike $55.00 long call offers a potential 11.94% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $49.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $5.36 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tesoro 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 Tesoro is bearish.
The RSI indicator is at 20.58 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
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.
TESORO CORP /NEW/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Fri, 07 Feb 2014 22:01:12 GMT
Your first trade for Monday
Fri, 07 Feb 2014 18:20:34 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
Tesoro Upgrading Rail Car Fleet to Consist Entirely of Newer CPC-1232-Compliant Cars
Fri, 07 Feb 2014 02:23:08 GMT
noodls – SAN ANTONIO – February 6, 2014 – Tesoro Corporation (NYSE: TSO) announced today that Tesoro Refining & Marketing Company LLC (TRMC) has proactively begun replacing older cars in its crude oil rail car …
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