Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $49.00 short call and a strike $55.00 long call offers a potential 8.11% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $49.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $5.55 would be incurred if the stock rose above the $55.00 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 34.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
Crude Oil Tops $100 a Barrel Again; Energy Stocks Hit
Mon, 10 Feb 2014 18:37:25 GMT
Valero: Accelerating Performance With The Refining Segment
Sat, 08 Feb 2014 07:19:29 GMT
The Decline of OPEC and What It Means for Oil
Thu, 06 Feb 2014 18:17:56 GMT
Motley Fool – Are the times changing for the world's most powerful cartel?
Lightning Round: Coca-Cola, Valero & More
Tue, 04 Feb 2014 23:35:30 GMT
CNBC – Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Will the Good Times Keep Rolling for Valero Energy Corporation?
Tue, 04 Feb 2014 16:01:56 GMT
Motley Fool – In addition to peer-leading margins at its midcontinent refineries, Valero’s Gulf Coast refineries are ideally positioned to benefit from the surge in inland oil production.
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