This Is What Whales Are Betting On Valero Energy

This Is What Whales Are Betting On Valero Energy

Benzinga's options scanner just detected over 18 options trades for Valero Energy VLO summing a total amount of $3,467,920.

At the same time, our algo caught 15 for a total amount of 707,386.

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 $55.0 to $140.0 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 $55.0 to $140.0 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 CALL TRADE BULLISH 01/20/23 $120.00 $1.6M 1.3K 3.2K
VLO CALL TRADE BULLISH 01/20/23 $120.00 $1.1M 1.3K 5.0K
VLO PUT TRADE BULLISH 09/16/22 $95.00 $159.3K 1.2K 205
VLO PUT TRADE BULLISH 09/16/22 $140.00 $109.5K 151 25
VLO PUT SWEEP BULLISH 01/19/24 $55.00 $53.6K 2.1K 262

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
VLO CALL TRADE BULLISH 01/20/23 $120.00 $1.6M 1.3K 3.2K
VLO CALL TRADE BULLISH 01/20/23 $120.00 $1.1M 1.3K 5.0K
VLO PUT TRADE BULLISH 09/16/22 $95.00 $159.3K 1.2K 205
VLO PUT TRADE BULLISH 09/16/22 $140.00 $109.5K 151 25
VLO PUT SWEEP BULLISH 01/19/24 $55.00 $53.6K 2.1K 262

Where Is Valero Energy Standing Right Now?

  • With a volume of 2,273,408, the price of VLO is down -4.48% at $97.8.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 14 days.

What The Experts Say On Valero Energy:

  • Barclays has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $133.

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 want to stay updated on the latest options trades for Valero Energy, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets