Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $119.00 short put and a strike $114.00 long put offers a potential 36.99% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $119.00 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 $114.00 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 at 70.08 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 Prices Continue to Climb: What's Moving the Needle?
Fri, 13 May 2022 12:06:12 +0000
With geopolitical tensions and a solid demand picture providing a tailwind for oil prices, energy companies like Occidental Petroleum (OXY), Valero Energy (VLO) and Corterra Energy (CTRA) have seen solid gains this year.
Marathon (MPC) Q1 Earnings Beat on Surging Refining Margins
Fri, 13 May 2022 11:58:11 +0000
Marathon Petroleum (MPC) repurchased shares worth $2.5 billion during the February-April period and has now completed around 80% of its target to buy back $10 billion in common stock.
Here's Why Momentum Investors Will Love Valero Energy (VLO)
Thu, 12 May 2022 16:00:04 +0000
Does Valero Energy (VLO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Buy These 5 Low-Leverage Stocks Amid Ongoing Market Turmoil
Thu, 12 May 2022 11:22:11 +0000
The crux of safe investment lies in choosing a company that is not burdened with debt as a debt-free stock is almost impossible to find. One may buy stocks like ACLS, VLO, HZO, ZOM & MRO.
Fast-paced Momentum Stock Valero Energy (VLO) Is Still Trading at a Bargain
Wed, 11 May 2022 12:50:12 +0000
Valero Energy (VLO) made it through our ‘Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
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