Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $53.00 short put and a strike $48.00 long put offers a potential 22.55% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $48.00 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 70.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
Five S.F. Bay refineries say operations unaffected by quake
Sun, 24 Aug 2014 19:34:20 GMT
Why Valero Energy Is a Stock Worth Remembering
Sat, 23 Aug 2014 13:00:00 GMT
Plains to build Cushing-to-Memphis pipeline for Valero
Thu, 21 Aug 2014 15:53:15 GMT
Valero Energy ‘Best Positioned,' Morgan Stanley Says
Mon, 18 Aug 2014 18:23:00 GMT
VALERO ENERGY CORP/TX Financials
Fri, 15 Aug 2014 17:04:25 GMT
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