Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 23.15% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $4.06 would be incurred if the stock dropped below the $72.50 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 68.46 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
How Tesoro’s Forward Valuations Compare to Its Peers’
Fri, 16 Sep 2016 15:04:05 GMT
Why Tesoro’s Valuation Is Lower Than Its Historical Average
Fri, 16 Sep 2016 14:04:06 GMT
Tesoro Corporation Sells Remaining Alaska Storage and Terminalling Assets to Tesoro Logistics
Fri, 16 Sep 2016 12:58:02 GMT
noodls – SAN ANTONIO – September 16, 2016 – Tesoro Corporation (NYSE:TSO) and Tesoro Logistics LP (NYSE:TLLP) today announced that TLLP has closed the remaining portion of the acquisition of storage and terminalling …
Tesoro Corporation Sells Remaining Alaska Storage and Terminalling Assets to Tesoro Logistics
Fri, 16 Sep 2016 12:49:02 GMT
GlobeNewswire – SAN ANTONIO – September 16, 2016 – Tesoro Corporation (NYSE:TSO) and Tesoro Logistics LP (NYSE:TLLP) today announced that TLLP has closed the remaining portion of the acquisition of storage and terminalling …
Tesoro Logistics Closes the Remaining Portion of the Alaska Storage and Terminalling Assets Acquisition from Tesoro Corporation
Fri, 16 Sep 2016 12:44:02 GMT
GlobeNewswire – SAN ANTONIO – September 16, 2016 – Tesoro Logistics LP (NYSE:TLLP) has closed the remaining portion of the acquisition of storage and terminalling assets in Alaska owned by subsidiaries of Tesoro Corporation …
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