What Are Whales Doing With Valero Energy

What Are Whales Doing With Valero Energy

A whale with a lot of money to spend has taken a noticeably bearish stance on Valero Energy.

Looking at options history for Valero Energy VLO we detected 16 strange trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $362,910 and 11, calls, for a total amount of $610,508.

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 $100.0 to $140.0 for Valero Energy over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $100.0 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 SWEEP BEARISH 08/19/22 $115.00 $207.7K 2.3K 675
VLO PUT TRADE BULLISH 09/16/22 $115.00 $101.1K 803 100
VLO PUT SWEEP BEARISH 03/17/23 $135.00 $79.3K 0 29
VLO PUT SWEEP BULLISH 09/16/22 $100.00 $72.6K 1.1K 273
VLO CALL SWEEP NEUTRAL 08/19/22 $103.00 $72.2K 98 92

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
VLO CALL SWEEP BEARISH 08/19/22 $115.00 $207.7K 2.3K 675
VLO PUT TRADE BULLISH 09/16/22 $115.00 $101.1K 803 100
VLO PUT SWEEP BEARISH 03/17/23 $135.00 $79.3K 0 29
VLO PUT SWEEP BULLISH 09/16/22 $100.00 $72.6K 1.1K 273
VLO CALL SWEEP NEUTRAL 08/19/22 $103.00 $72.2K 98 92

Where Is Valero Energy Standing Right Now?

  • With a volume of 4,180,370, the price of VLO is up 3.57% at $111.47.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 1 days.

What The Experts Say On Valero Energy:

  • Piper Sandler has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $142.
  • Barclays has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $133.
  • Morgan Stanley has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $140.

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