Tesoro's most recent trend suggests a bullish bias. One trading opportunity on Tesoro is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 16.55% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Tesoro 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 Tesoro is bullish.
The RSI indicator is at 63.27 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 Tesoro
Tesoro Announces Two Executive Appointments
Thu, 14 Aug 2014 14:30:26 GMT
noodls – SAN ANTONIO – August 14, 2014 – Tesoro Corporation (NYSE:TSO) announced today that Steven Sterin will join Tesoro as Executive Vice President and Chief Financial Officer, effective August 18, 2014, and …
8:08 am Tesoro announces new CFO
Thu, 14 Aug 2014 12:08:00 GMT
Tesoro Announces Two Executive Appointments
Thu, 14 Aug 2014 12:02:02 GMT
Thomson Reuters ONE – S A N ANTONIO – August 14, 2014 – Tesoro Corporation (NYSE:TSO) announced today that Steven Sterin will join Tesoro as Executive Vice President and Chief Financial Officer, effective August 18, 2014, and …
Oil & Gas Stock Roundup: Kinder Morgan Soars on $70B Restructuring Mega-Deal
Tue, 12 Aug 2014 13:59:13 GMT
Tesoro's Focus on Shareholder Returns Lead to a 52-Week High
Mon, 11 Aug 2014 16:50:03 GMT
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