Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 26.58% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $90.00 long put 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 up which suggests that the medium-term momentum for Tesoro is bullish.
The RSI indicator is at 77.48 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
3 Stocks to Watch in Downstream Oil & Gas
Mon, 20 Jul 2015 17:05:00 GMT
Looking for a Top Value Stock? 3 Reasons Why Tesoro (TSO) is an Excellent Choice – Tale of the Tape
Mon, 20 Jul 2015 12:50:12 GMT
Tesoro Foundation awards $200,000 grant to support San Antonio Prefreshman Engineering Program
Mon, 20 Jul 2015 12:10:09 GMT
noodls – (San Antonio, July 16, 2015) — The San Antonio-based Tesoro Foundation has made a two-year, $200,000 grant to the San Antonio Prefreshman Engineering Program (PREP), according to a joint announcement …
Refiner Tesoro Posts Gains despite Weak Oil Prices
Thu, 16 Jul 2015 18:25:08 GMT
The Zacks Analyst Blog Highlights: CVR Refining, HollyFrontier, Marathon Petroleum, Valero Energy and Tesoro. – Press Releases
Thu, 16 Jul 2015 13:30:01 GMT
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