Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 32.98% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $43.00 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 72.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
Energy gusher continues in Tesoro
Wed, 23 Oct 2013 10:16:48 GMT
optionMONSTER – Tesoro lit up our scanners yesterday as energy names continued to draw aggressively bullish option action. Last Thursday the oil refiner saw buying in the November 49 calls for $1.12, and now that winning …
Oil & Gas Stock Roundup: Crude Slides Even as Shutdown Ends
Tue, 22 Oct 2013 17:02:44 GMT
Zacks – Energy stocks failed to mirror the broader equity markets' gains last week amid concerns that the 16-day U.S. government shutdown has eroded demand in the worlds biggest oil consumer.
Fast Money Final Trade
Mon, 21 Oct 2013 21:58:00 GMT
CNBC – The Fast Money traders share their final trades of the day.
Your first trade for Tuesday
Mon, 21 Oct 2013 18:16:21 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
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Thu, 17 Oct 2013 22:09:30 GMT
Motley Fool – A roundup of the day's best performers within the S&P 500, and what their moves mean for investors.
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