Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $102.00 short put and a strike $97.00 long put offers a potential 23.76% return on risk over the next 2 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $102.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $97.00 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
Valero Energy (VLO) Stock Moves -0.11%: What You Should Know
Fri, 08 Apr 2022 22:15:10 +0000
Valero Energy (VLO) closed at $103.22 in the latest trading session, marking a -0.11% move from the prior day.
Why Valero Energy (VLO) Could Beat Earnings Estimates Again
Fri, 08 Apr 2022 16:10:04 +0000
Valero Energy (VLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Valero Energy (VLO) Is Up 4.13% in One Week: What You Should Know
Fri, 08 Apr 2022 16:00:04 +0000
Does Valero Energy (VLO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Valero Energy (VLO) is a Top-Ranked Momentum Stock: Should You Buy?
Fri, 08 Apr 2022 14:09:02 +0000
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Valero Energy (VLO) Is Attractively Priced Despite Fast-paced Momentum
Fri, 08 Apr 2022 12:50:12 +0000
Valero Energy (VLO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain' screen.
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