Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 29.2% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock dropped below the $92.50 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 69.61 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
U.S. funds grab refinery stock momentum in beat-up energy sector
Fri, 09 Oct 2015 14:41:50 GMT
Tesoro Corporation to Release Third Quarter Earnings
Wed, 07 Oct 2015 20:54:07 GMT
noodls – SAN ANTONIO – October 7, 2015 – Tesoro Corporation (NYSE:TSO) plans to release its earnings for the third quarter 2015 after the market closes on Wednesday, October 28, 2015. The Company will broadcast, …
Tesoro Logistics LP to Release Third Quarter Earnings
Wed, 07 Oct 2015 20:44:03 GMT
noodls – SAN ANTONIO – October 7, 2015 – Tesoro Logistics LP (NYSE:TLLP) plans to release its earnings for the third quarter 2015 after the market closes on Wednesday, October 28, 2015. The Company will broadcast, …
Tesoro Corporation to Release Third Quarter Earnings
Wed, 07 Oct 2015 20:31:01 GMT
GlobeNewswire – SAN ANTONIO – October 7, 2015 – Tesoro Corporation (NYSE:TSO) plans to release its earnings for the third quarter 2015 after the market closes on Wednesday, October 28, 2015. The Company will broadcast, …
The Zacks Analyst Blog Highlights: Trinseo, Tesoro, Express, JetBlue Airways and Alaska Air Group
Wed, 07 Oct 2015 13:30:01 GMT
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