Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 44.51% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 by expiration. The full premium credit of $1.54 would be kept by the premium seller. The risk of $3.46 would be incurred if the stock rose above the $90.00 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 31.21 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 Corp. breached its 50 day moving average in a Bearish Manner : TSO-US : April 7, 2016
Thu, 07 Apr 2016 12:19:31 GMT
Tesoro Corporation to Release First Quarter Earnings
Wed, 06 Apr 2016 22:29:12 GMT
noodls – SAN ANTONIO – April 6, 2016 – Tesoro Corporation (NYSE:TSO) plans to release its earnings for the first quarter 2016 after the market closes on Wednesday, May 4, 2016. The Company will broadcast, live, …
Tesoro Logistics LP to Release First Quarter Earnings
Wed, 06 Apr 2016 22:19:02 GMT
noodls – SAN ANTONIO – April 6, 2016 – Tesoro Logistics LP (NYSE:TLLP) plans to release its earnings for the first quarter 2016 after the market closes on Wednesday, May 4, 2016. The Company will broadcast, live, …
Tesoro Corporation to Release First Quarter Earnings
Wed, 06 Apr 2016 22:05:05 GMT
GlobeNewswire – SAN ANTONIO – April 6, 2016 – Tesoro Corporation (NYSE:TSO) plans to release its earnings for the first quarter 2016 after the market closes on Wednesday, May 4, 2016. The Company will broadcast, live, …
Energy Stocks Slump This Week (RIG, CRC, TSO, UNT, CRR)
Sat, 02 Apr 2016 14:22:00 GMT
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