Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 29.87% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $75.00 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 71.15 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
Oil & Gas Stock Roundup: Q3 Earnings From SLB, HAL, BKR, KMI & VLO
Tue, 26 Oct 2021 10:48:10 +0000
SLB and HAL reported third-quarter earnings in line with their Zacks Consensus Estimates but BKR and KMI came out with underwhelming bottom lines. Meanwhile, VLO announced strong results.
Earnings Estimates Rising for Valero Energy (VLO): Will It Gain?
Mon, 25 Oct 2021 16:20:04 +0000
Valero Energy (VLO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
10 Stocks in Focus After Releasing Their Earnings Reports
Sat, 23 Oct 2021 14:04:32 +0000
In this article, we will take a look at the 10 stocks in focus after releasing their earnings reports. You can skip our detailed analysis of these companies, and go directly to the 5 Stocks in Focus After Releasing Their Earnings Reports. The third-quarter earnings season is underway. Stocks from the communication services, industrials, and […]
Energy Prices Should Stay High Because Most Governments Won’t Step In
Fri, 22 Oct 2021 18:24:00 +0000
Rising energy prices have benefited the stocks of companies that produce and process those energy sources.
Company News for Oct 22, 2021
Fri, 22 Oct 2021 13:16:01 +0000
Companies in the news are: BX, VLO, CROX, AN
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