Looking At Valero Energy's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Valero Energy VLO.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with VLO, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 34 uncommon options trades for Valero Energy.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish and 55%, bearish.

Out of all of the special options we uncovered, 7 are puts, for a total amount of $543,702, and 27 are calls, for a total amount of $1,752,997.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $135.0 for Valero Energy over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Valero Energy's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Valero Energy's whale trades within a strike price range from $65.0 to $135.0 in the last 30 days.

Valero Energy Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
VLO PUT SWEEP BULLISH 01/20/23 $75.00 $188.4K 3.9K 55
VLO PUT TRADE BULLISH 01/20/23 $135.00 $129.2K 36 24
VLO CALL SWEEP BULLISH 01/20/23 $80.00 $116.9K 1.1K 385
VLO CALL SWEEP BULLISH 06/17/22 $90.00 $111.2K 2.5K 620
VLO CALL SWEEP BEARISH 06/17/22 $80.00 $106.6K 1.4K 109

Where Is Valero Energy Standing Right Now?

  • With a volume of 4,368,994, the price of VLO is down -2.68% at $83.68.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 45 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!