Whales with a lot of money to spend have taken a noticeably bullish stance on Valero Energy.
Looking at options history for Valero Energy VLO we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $306,710 and 5, calls, for a total amount of $240,394.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $165.0 for Valero Energy, spanning the last three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Valero Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Valero Energy's substantial trades, within a strike price spectrum from $110.0 to $165.0 over the preceding 30 days.
Valero Energy Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VLO | PUT | TRADE | BEARISH | 03/15/24 | $137.00 | $243.0K | 11 | 600 |
| VLO | CALL | SWEEP | BEARISH | 01/17/25 | $165.00 | $86.3K | 308 | 127 |
| VLO | CALL | SWEEP | BULLISH | 04/19/24 | $145.00 | $51.7K | 708 | 138 |
| VLO | CALL | SWEEP | BULLISH | 04/19/24 | $145.00 | $39.3K | 708 | 138 |
| VLO | CALL | TRADE | NEUTRAL | 01/16/26 | $155.00 | $35.7K | 2.3K | 0 |
About Valero Energy
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.
Having examined the options trading patterns of Valero Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Valero Energy
- Currently trading with a volume of 486,933, the VLO's price is up by 0.59%, now at $135.82.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 64 days.
Professional Analyst Ratings for Valero Energy
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $152.0.
- Maintaining their stance, an analyst from Raymond James continues to hold a Strong Buy rating for Valero Energy, targeting a price of $155.
- Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Valero Energy with a target price of $149.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Valero Energy with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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