Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $44.00 short call and a strike $49.00 long call offers a potential 63.93% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $44.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $3.05 would be incurred if the stock rose above the $49.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Valero 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 Valero is bearish.
The RSI indicator is at 59.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
EPA proposes trim to renewable fuels blend; refiners mixed
Thu, 21 Nov 2013 21:40:00 GMT
MarketWatch – The EPA called Friday for cutting down on volumes of renewable fuels to be blended into gasoline next year. The proposed standards would cut down on compliance costs for refiners, but shares diverged.
Trader triple play: Banks, rates & commodities
Wed, 20 Nov 2013 17:45:00 GMT
CNBC – Mihir Dange, Grafite Capital; John Brady, R.J. O'Brien; and Steve Grasso, Stuart Frankel, discuss today's global interest rates, gold prices and refiners performance.
Dicker: Blackstone Is Winner in Devon Deal
Wed, 20 Nov 2013 16:49:00 GMT
TheStreet – Dan Dicker talks to Jim Cramer about the meltdown in oil exploration-and-production companies, the continuing strength of refinery stocks and the latest move by Devon.
Did the EPA Just Kill Biofuels?
Tue, 19 Nov 2013 13:22:03 GMT
Motley Fool – The Environmental Protection Agency announced reductions to renewable fuel targets for 2014 — the first cuts since the current Renewable Fuel Standard was released in 2007. What does it mean for the industries …
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.
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