Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 28.21% 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 $112.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $107.00 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 72.62 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
U.S. refiners reap big rewards from EPA biofuel waivers
Tue, 08 May 2018 20:28:09 +0000
The U.S. Environmental Protection Agency's expanded use of waivers to free small refineries from the nation's biofuels law has saved the industry as a whole hundreds of millions of dollars, according to a Reuters review of public filings. Dozens of refineries have received the financial hardship waivers from EPA in recent months, meaning they no longer have to earn or purchase blending credits known as RINs. Savings for the refining industry represent a win for President Donald Trump, whose administration has been under pressure from Valero Energy Corp, PBF Energy, and others to overhaul the U.S. Renewable Fuel Standard (RFS) to cut compliance costs.
Did Phillips 66’s Cash Flow Weaken in 1Q18?
Tue, 08 May 2018 17:25:02 +0000
In 1Q18, Phillips 66 (PSX) saw a rise in cash from operations from -$0.5 billion to $0.5 billion due to a rise in earnings across its segments, including the Refining, Midstream, Marketing, and Chemical segments.
US Crude Oil Exports Could Stay Elevated
Tue, 08 May 2018 17:06:12 +0000
On May 7, Brent crude oil July futures settled at $5.44 more than WTI crude oil June futures. The difference is called the “Brent-WTI spread.” On April 30, the Brent-WTI spread was at $6.12.
Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week
Tue, 08 May 2018 16:39:58 +0000
The following five stocks are currently in the midst of uptrends according to VantagePoint, an AI charting platform that uses intermarket analysis to predict future price action 1-3 days in advance. The blue line is a predicted moving average that forecasts a what a stock's 6-day moving average will be in 72 hours. Despite reporting less-than-stellar Q4 sales and earnings figure, Ulta Beauty, Inc. (NASDAQ: ULTA) has been on quite a run.
7 Fast-Growing Stocks to Buy Today
Tue, 08 May 2018 16:18:47 +0000
Editor's Note: This is a replay of a story that originally ran March 2, 2018. It has since been updated and republished.
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