Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $78.00 short put and a strike $73.00 long put offers a potential 55.28% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $78.00 by expiration. The full premium credit of $1.78 would be kept by the premium seller. The risk of $3.22 would be incurred if the stock dropped below the $73.00 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 above 80 which suggests that the stock is in overbought territory.
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
Top 10 Energy Dividend Stocks To Invest In
Sat, 06 Mar 2021 14:17:00 +0000
In this article we will take a look at top 10 energy dividend stocks to invest in. You can skip our analysis of the energy sector and go to Top 5 Energy Dividend Stocks to Invest In. Energy stocks are having their day as oil prices on March 5 jumped to their highest levels in […]
Valero Energy Corporation to Participate in Investor Conferences
Fri, 05 Mar 2021 14:00:00 +0000
Valero Energy Corporation (NYSE: VLO, “Valero”) announced today that it will be participating in the Bank of America Merrill Lynch Refining Conference on March 11, 2021 and the Evercore ISI Energy Summit on March 17, 2021.
Oil & Gas Stock Roundup: Updates From Baker Hughes, ExxonMobil & Kinder Morgan
Thu, 04 Mar 2021 14:04:02 +0000
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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?
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