Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $52.50 short put and a strike $47.00 long put offers a potential 12.24% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.90 would be incurred if the stock dropped below the $47.00 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 62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
Valero Energy Corporation: Prospects For Growth
Tue, 11 Mar 2014 16:57:44 GMT
Why did Viking Global increase its position in Valero Energy?
Mon, 10 Mar 2014 20:01:53 GMT
Steelworkers Union Opposes U.S. Crude Oil Exports
Mon, 10 Mar 2014 16:50:26 GMT
Valero Energy Partners' CEO Discusses Q4 2013 Results – Earnings Call Transcript
Fri, 07 Mar 2014 17:27:02 GMT
Seeking Alpha – Joe Gorder Well, thanks John and good morning everyone. As you recall, we closed our initial public offering on December 16, and we’re very pleased with the interest that we received from investors. A …
Phillips 66 And Valero MLP Spin-Offs Jump To A Fast Start: What's Next?
Fri, 07 Mar 2014 04:29:28 GMT
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