Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $53.50 short call and a strike $60.00 long call offers a potential 13.04% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $5.75 would be incurred if the stock rose above the $60.00 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 62.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
Two Tesoro contractors suffer burns, San Francisco Chronicle says
Tue, 11 Mar 2014 18:21:07 GMT
TESORO CORP /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements
Thu, 06 Mar 2014 22:25:24 GMT
Tesoro Corp. Prices $300M Senior Notes
Wed, 05 Mar 2014 20:00:05 GMT
Tesoro Announces Pricing of $300 Million 5.125% Senior Notes due 2024
Tue, 04 Mar 2014 22:43:20 GMT
noodls – SAN ANTONIO – March 4, 2014 – Tesoro Corporation (NYSE:TSO) (“Tesoro”) announced the pricing of its $300 million 5.125% Senior Notes due 2024 (the “Notes Offering”). Subject to customary …
Tesoro Announces Pricing of $300 Million 5.125% Senior Notes due 2024
Tue, 04 Mar 2014 21:07:01 GMT
Thomson Reuters ONE – SAN ANTONIO – March 4, 2014 – Tesoro Corporation (NYSE:TSO) (“Tesoro”) announced the pricing of its $300 million 5.125% Senior Notes due 2024 (the “Notes Offering”). Subject to customary …
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