Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 15.21% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $41.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Valero 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 Valero is bullish.
The RSI indicator is at 66.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
A Huge Milestone for U.S. Energy Independence
Sun, 17 Nov 2013 17:01:57 GMT
Motley Fool – Though the US continues to inch ever closer to energy independence, major challenges and uncertainties remain.
Weak Earnings for Refiners Offer a Buying Opportunity
Sun, 17 Nov 2013 14:44:01 GMT
Motley Fool – Weak refining results at Phillips 66, Valero, and Tesoro could offer a buying opportunity.
You Won't Believe the Unlikely Reason Gasoline Prices Are Falling
Sat, 16 Nov 2013 14:36:26 GMT
Motley Fool – Gasoline prices are dropping thanks to diesel exports of all things!
Who Wins after EPA Cuts Biofuel Requirements?
Sat, 16 Nov 2013 13:20:19 GMT
24/7 Wall St. – As expected, the U.S. Environmental Protection Agency (EPA) issued proposed rules on Friday to reduce the amount of ethanol required to be blended with gasoline in 2014. After a 60-day comment period the …
Ethanol Loses as Gas-Price Fears Prompt EPA Reevaluation
Sat, 16 Nov 2013 05:00:01 GMT
Bloomberg – For months, lobbyists for refiners such as Valero Corp. and Exxon Mobil Corp. have warned that a U.S. law requiring increased use of ethanol would result in a mandate to add more of the fuel than they …
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