Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 21.95% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $95.00 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 at 79.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Valero
Taking A Look At Valero Energy Corporation's (NYSE:VLO) ROE
Fri, 01 Nov 2019 16:44:55 +0000
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is…
Marathon Petroleum’s Earnings Rise 49%, Beat Estimate
Thu, 31 Oct 2019 16:39:22 +0000
Today, Marathon Petroleum (MPC) released results for the third quarter, during which its earnings rose 49% YoY (year-over-year) to $1.1 billion.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
Wed, 30 Oct 2019 20:10:41 +0000
SAN ANTONIO, Oct. 30, 2019 — The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of.
Edited Transcript of VLO earnings conference call or presentation 24-Oct-19 2:00pm GMT
Tue, 29 Oct 2019 12:02:51 +0000
Q3 2019 Valero Energy Corp Earnings Call
FreightWaves Oil Report: Valero's Conference Call Had Little Good News On The Impact Of IMO 2020
Mon, 28 Oct 2019 14:57:22 +0000
The scenarios laid out by Valero officials on their third-quarter earnings call painted a picture of a market that already has begun to make moves linked to IMO 2020. “It's pretty difficult to be able to determine how much the strength… is IMO- related and how much is just fundamentals and supply,” Simmons said on a conference call with analysts following the release of Valero's third-quarter earnings.
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