Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 29.87% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock rose above the $77.50 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 34.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tesoro
As gas prices collapse, high-octane fuel fetches unusually fat premium
Wed, 14 Jan 2015 15:05:54 GMT
Citadel Advisors adds position in Tesoro Petroleum Co.
Tue, 13 Jan 2015 21:17:03 GMT
Oil & Gas Stock Roundup: Chevron Strikes Oil in GoM, BP Loses Appeal on Gulf Spill Fines – Analyst Blog
Tue, 13 Jan 2015 16:15:04 GMT
Tesoro plans to shutter FCCU in integration of L.A. refineries
Tue, 06 Jan 2015 22:15:10 GMT
Reuters – UK Focus – Independent West Coast refiner Tesoro Corp plans to permanently close a gasoline-producing fluidic catalytic cracking unit when it integrates its two Los Angeles-area refineries by early 2017, the company …
Tesoro Corporation to Release Fourth Quarter Earnings
Mon, 05 Jan 2015 22:01:03 GMT
noodls – SAN ANTONIO – January 5, 2015 – Tesoro Corporation (NYSE:TSO) plans to release its earnings for the fourth quarter 2014 after the market closes on Wednesday, February 11, 2015. The Company will broadcast, …
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