Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $54.00 short put and a strike $49.00 long put offers a potential 21.07% 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 $54.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $49.00 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 above 80 which suggests that the stock is in overbought territory.
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 Valero
Latam Products Tenders Summary-Uruguay's ANCAP seeks naphtha
Fri, 06 Feb 2015 15:38:54 GMT
Reuters – Uruguay's state-run ANCAP is offering to buy 18,000 cubic meters of petrochemical naphtha for March delivery at its La Teja refinery, while Argentina's Pluspetrol and its partners in Peru are selling three …
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Devon Energy, Valero Energy and Phillips 66 – Press Releases
Fri, 06 Feb 2015 14:30:02 GMT
Union rejects 6th refinery offer from Shell; talks next week
Fri, 06 Feb 2015 03:07:43 GMT
Union rejects 6th refinery offer from Shell, talks recess
Thu, 05 Feb 2015 23:32:32 GMT
Your first trade for Friday, February 6
Thu, 05 Feb 2015 23:17:38 GMT
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