Valero's most recent trend suggests a bullish bias. One trading opportunity on Valero is a Bull Put Spread using a strike $80.00 short put and a strike $70.00 long put offers a potential 8.7% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $70.00 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 71.86 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
Enbridge (ENB) Q4 Earnings Lag Estimates, Revenues Rise Y/Y
Mon, 14 Feb 2022 16:00:04 +0000
Lower contributions from the Gas Distribution and Storage, Renewable Power Generation and the Energy Services businesses hurt Enbridge's (ENB) Q4 earnings.
PBF Energy (PBF) Q4 Earnings Beat on Strong Refining Margin
Fri, 11 Feb 2022 13:59:01 +0000
Higher contributions from the Refining and Logistics segments aid PBF Energy's (PBF) Q4 earnings.
Valero Energy (VLO) Is Up 6.5% in One Week: What You Should Know
Thu, 10 Feb 2022 17:00:05 +0000
Does Valero Energy (VLO) have what it takes to be a top stock pick for momentum investors? Let's find out.
EQT Corporation (EQT) Q4 Earnings & Revenues Miss Estimates
Thu, 10 Feb 2022 14:49:02 +0000
Higher processing and lease operating expenses hurt EQT Corp's (EQT) Q4 earnings.
U.S. Fuelmakers Rise Lean and Lucrative From Pandemic Ashes
Wed, 09 Feb 2022 15:30:16 +0000
(Bloomberg) — From indoor dining to international flights, industries battered by the Covid-19 pandemic are inching back toward normalcy, but perhaps none has turned a corner quite as definitively as the oil-refining sector.Most Read from BloombergAmazon Is Raising Base Salary Cap to $350,000 From $160,000Peloton’s Famous Instructors, Who Can Make Upwards of $500,000 a Year, Escape LayoffsByron Allen Says He’s Preparing Bid for NFL’s Denver BroncosMusk Looks Increasingly Isolated as Automakers
Also on Market Tamer…
Follow Us on Facebook