Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $94.50 short call and a strike $99.50 long call offers a potential 26.26% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $94.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock rose above the $99.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Valero is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Valero is bearish.
The RSI indicator is at 20.78 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
Utes and Longhorns to play in San Antonio's Alamo Bowl
Sun, 08 Dec 2019 21:02:05 +0000
The University of Utah Utes and The University of Texas Longhorns will meet up in the 2019 Valero Alamo Bowl on New Year’s Eve in San Antonio. San Antonio is getting a No. 11 Utah team that finished first in the Pac-12 South with an 8-1 conference record and won 11 of its 13 games this season. The Utes have never played in the Alamo Bowl.
Valero Energy (VLO) Gains But Lags Market: What You Should Know
Fri, 06 Dec 2019 22:50:10 +0000
Valero Energy (VLO) closed the most recent trading day at $93.61, moving +0.67% from the previous trading session.
Drop in Crude Stockpiles Fuels Oil Stocks
Fri, 06 Dec 2019 15:25:37 +0000
Buyers returned to the beaten-down energy sector Wednesday. Play for further gains by trading these stocks and an industry-leading ETF.
Oil Price Gains 4.2% in a Day: What's Behind the Rally?
Thu, 05 Dec 2019 14:14:26 +0000
EIA's Weekly Petroleum Status Report shows a much bigger-than-expected drawdown in oil inventories, ending several consecutive weeks of builds.
Hedge Funds Love Valero Energy Corporation (VLO) Way More Than These 3 Stocks
Tue, 03 Dec 2019 20:53:27 +0000
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook