Looking At Valero Energy's Recent Whale Trades

Looking At Valero Energy's Recent Whale Trades

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 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $631,750 and 4, calls, for a total amount of $166,697.

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 $110.0 to $122.0 for Valero Energy over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Valero Energy options trades today is 597.33 with a total volume of 1,949.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Valero Energy's big money trades within a strike price range of $110.0 to $122.0 over 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 BEARISH 10/21/22 $115.00 $174.3K 1.1K 714
VLO PUT SWEEP BEARISH 09/02/22 $121.00 $114.7K 337 166
VLO PUT TRADE BEARISH 10/21/22 $115.00 $94.0K 1.1K 500
VLO PUT TRADE BULLISH 10/21/22 $115.00 $88.5K 1.1K 100
VLO PUT TRADE BEARISH 09/02/22 $121.00 $85.5K 337 280

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
VLO PUT SWEEP BEARISH 10/21/22 $115.00 $174.3K 1.1K 714
VLO PUT SWEEP BEARISH 09/02/22 $121.00 $114.7K 337 166
VLO PUT TRADE BEARISH 10/21/22 $115.00 $94.0K 1.1K 500
VLO PUT TRADE BULLISH 10/21/22 $115.00 $88.5K 1.1K 100
VLO PUT TRADE BEARISH 09/02/22 $121.00 $85.5K 337 280

Where Is Valero Energy Standing Right Now?

  • With a volume of 1,542,502, the price of VLO is up 3.1% at $114.06.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 48 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 $139.
  • Piper Sandler has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $150.

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