Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $76.00 short put and a strike $71.00 long put offers a potential 36.99% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $76.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $71.00 long put 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 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.
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LATEST NEWS for Valero
INSIGHT-Renewable diesel boom highlights challenges in clean-energy transition
Wed, 03 Mar 2021 12:00:00 +0000
For 17 years, trucker Colin Birch has been hitting the highways to collect used cooking oil from restaurants. He works for Vancouver-based renderer West Coast Reduction Ltd, which processes the grease into a material to make renewable diesel, a clean-burning road fuel. Birch is caught between soaring demand for the fuel – driven by U.S. and Canadian government incentives – and scarce cooking oil supplies, because fewer people are eating out during the coronavirus pandemic.
Is Valero Energy (VLO) Stock Outpacing Its Oils-Energy Peers This Year?
Mon, 01 Mar 2021 16:30:04 +0000
Is (VLO) Outperforming Other Oils-Energy Stocks This Year?
5 Energy Stocks That Gave S&P 500 a Big Boost in February
Mon, 01 Mar 2021 12:51:12 +0000
Some of the best-performing S&P 500 constituents in February were energy firms like Marathon Oil (MRO), Apache (APA), Valero (VLO), Occidental Petroleum (OXY) and Schlumberger (SLB).
Valero Energy (VLO) Up 32% Since Last Earnings Report: Can It Continue?
Sat, 27 Feb 2021 16:31:04 +0000
Valero Energy (VLO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
3 Energy Stocks to Buy and Hold for the Long Term
Fri, 26 Feb 2021 14:00:00 +0000
Rising oil prices have attracted investors back toward energy stocks. Saudi Arabia played a key role in stabilizing oil prices by taking a voluntary production cut of 1 million barrels per day recently. Chevron (NYSE: CVX) stock currently offers an attractive dividend yield of 5.4%.
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