Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 27.88% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock rose above the $70.00 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 21.14 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
Valero Energy (VLO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Thu, 22 Jul 2021 19:03:07 +0000
Valero Energy (VLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
10 Best Large Cap Dividend Stocks to Buy Now
Thu, 22 Jul 2021 16:17:12 +0000
In this article, we will be looking at the 10 best large cap dividend stocks to buy now. If you want to skip our detailed analysis of large-cap stocks, and dividend investing, you can go directly to the 5 Best Large Cap Dividend Stocks to Buy Now. Large-cap stocks usually have a market capitalization of […]
3 Energy Stocks to Sell as Oil Slumps
Fri, 16 Jul 2021 16:15:05 +0000
After besting every other sector in the first half of 2021, energy stocks are finally receiving their comeuppance. I can think of many reasons for the reversal of fortune. We’ll outline a few below and then share three energy stocks to sell before the damage worsens. The first reason for the fallout is the overall migration we’ve seen out of value stocks. With interest rates reversing lower, traders have been running back into growth stocks at the expense of not just energy but basic materials a
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
Thu, 15 Jul 2021 20:15:00 +0000
SAN ANTONIO, July 15, 2021–The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on September 2, 2021, to holders of record at the close of business on August 5, 2021.
Oil Spreads Are Falling. That’s Bad for Refiners but Good for Producers.
Wed, 07 Jul 2021 14:49:00 +0000
The difference between U.S. and global crude oil benchmarks is compressing while oil prices rise. What investors need to know.
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