Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 34.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $3.72 would be incurred if the stock dropped below the $60.00 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 59.2 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
Tesoro Logistics LP Announces Quarterly Distribution
Thu, 23 Oct 2014 20:41:05 GMT
noodls – SAN ANTONIO – October 23, 2014 – Tesoro Logistics LP (NYSE:TLLP) (“TLLP” or the “Partnership”) today announced the declaration of its quarterly cash distribution for the third quarter …
Tesoro Logistics LP Announces Pricing of $1.3 Billion of Senior Notes
Wed, 22 Oct 2014 22:12:52 GMT
noodls – SAN ANTONIO – October 22, 2014 – Tesoro Logistics LP (NYSE: TLLP) (the “Partnership” or “TLLP”) today announced that it, together with its wholly-owned subsidiary Tesoro Logistics Finance …
Coca-Cola and Apple are big market movers
Tue, 21 Oct 2014 20:56:46 GMT
Tesoro Logistics LP Prices Public Offering of 20,000,000 Common Units
Mon, 20 Oct 2014 22:23:01 GMT
noodls – SAN ANTONIO – October 20, 2014 – Tesoro Logistics LP (NYSE: TLLP) (the “Partnership” or “TLLP”) today announced that it has priced its previously announced underwritten public offering …
QEP Resources to Sell Pipeline Assets to Tesoro Logistics
Mon, 20 Oct 2014 22:06:36 GMT
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