Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 36.24% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $1.33 would be kept by the premium seller. The risk of $3.67 would be incurred if the stock dropped below the $62.50 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 68.07 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 Corporation Delivers on Distinctive Performance Objectives with Record Results in Third Quarter of 2014
Fri, 31 Oct 2014 00:25:15 GMT
noodls – SAN ANTONIO, Oct. 30, 2014 /PRNewswire/ — Net income of $396 million, or $3.05 per diluted share Delivered $390 million towards California synergies and business improvements year to date Tesoro Logistics …
Tesoro Corporation Delivers on Distinctive Performance Objectives with Record Results in Third Quarter of 2014
Thu, 30 Oct 2014 23:54:00 GMT
PR Newswire – SAN ANTONIO, Oct. 30, 2014 /PRNewswire/ — Net income of $396 million, or $3.05 per diluted share Delivered $390 million towards California synergies and business improvements year to date Tesoro Logistics …
Q3 2014 Tesoro Corp Earnings Release – After Market Close
Thu, 30 Oct 2014 11:07:05 GMT
Should You Buy Tesoro Corporation (TSO) Ahead of Earnings?
Wed, 29 Oct 2014 10:46:02 GMT
Can Tesoro (TSO) Beat Q3 Earnings on Higher Margins?
Tue, 28 Oct 2014 22:10:02 GMT
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