Valero (VLO) Offering Possible 74.83% Return Over the Next 8 Calendar Days

Valero's most recent trend suggests a bearish bias. One trading opportunity on Valero is a Bear Call Spread using a strike $78.00 short call and a strike $83.00 long call offers a potential 74.83% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $78.00 by expiration. The full premium credit of $2.14 would be kept by the premium seller. The risk of $2.86 would be incurred if the stock rose above the $83.00 long call 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 down which suggests that the medium-term momentum for Valero is bearish.

The RSI indicator is at 67.61 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

Refiners Are Emerging from Deep Freeze and Buying U.S. Oil Again
Mon, 08 Mar 2021 18:30:59 +0000
(Bloomberg) — Physical oil prices in the U.S. are rebounding to levels seen before a deep freeze hit Texas last month, showing fuel-making plants are thirsty for crude again.Seven of 18 refineries affected by the cold blast — making up over 2 million barrels a day of crude processing capacity — were operating normally as of Monday. Mars Blend, a regional sour crude benchmark, traded this month at the largest premium to Nymex oil futures in nearly three weeks, while other key grades also firmed. Another reason for the strength is due to increased demand for U.S. crude from overseas buyers after OPEC+’s surprise decision to continue limiting supply.As much as 5.5 million barrels a day of crude processing capacity was suspended when arctic temperatures in the U.S. south halted power supply and damaged equipment at refineries in America’s energy hub in February. Crude inventories piled up by a record 22 million barrels as a result. Since then, plants including those operated by Motiva Enterprises LLC and Valero Energy Corp. have restarted, and the rest of the sites will likely resume operation this week.Buying is popping up from South Korea, India, Canada and Europe, although interest from China has been muted because of high inventories. With OPEC producers keeping supply cuts in place in April, some customers that were expecting available supply from Middle East producers, especially of medium-high sulfur crudes, may have to seek alternatives like Mars Blend or Poseidon.Saudi Arabia’s decision to increase official selling prices for its April supply to Asia and the U.S. could also spur additional purchases of U.S. sour crudes.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

3 Top Large-Cap Stocks to Buy in March
Mon, 08 Mar 2021 14:47:00 +0000
These energy sector giants can generate handsome returns for you if you stick with them through thick and thin.

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
Baker Hughes (BKR), ExxonMobil (XOM) and Kinder Morgan (KMI) announced new deals while EOG Resources (EOG) and Occidental Petroleum (OXY) reported December-quarter earnings.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.