Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 21.95% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $95.00 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 79.1 level which suggests that the stock is neither overbought nor oversold at this time.
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
Taking A Look At Valero Energy Corporation's (NYSE:VLO) ROE
Fri, 01 Nov 2019 16:44:55 +0000
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is…
Marathon Petroleum’s Earnings Rise 49%, Beat Estimate
Thu, 31 Oct 2019 16:39:22 +0000
Today, Marathon Petroleum (MPC) released results for the third quarter, during which its earnings rose 49% YoY (year-over-year) to $1.1 billion.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
Wed, 30 Oct 2019 20:10:41 +0000
SAN ANTONIO, Oct. 30, 2019 — The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of.
Edited Transcript of VLO earnings conference call or presentation 24-Oct-19 2:00pm GMT
Tue, 29 Oct 2019 12:02:51 +0000
Q3 2019 Valero Energy Corp Earnings Call
FreightWaves Oil Report: Valero's Conference Call Had Little Good News On The Impact Of IMO 2020
Mon, 28 Oct 2019 14:57:22 +0000
The scenarios laid out by Valero officials on their third-quarter earnings call painted a picture of a market that already has begun to make moves linked to IMO 2020. “It's pretty difficult to be able to determine how much the strength… is IMO- related and how much is just fundamentals and supply,” Simmons said on a conference call with analysts following the release of Valero's third-quarter earnings.
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