Valero Energy Unusual Options Activity For May 10

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 13 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 69% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $348,075 and 7, calls, for a total amount of $596,095.

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 $80.0 to $130.0 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 1094.09 with a total volume of 1,023.00.

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 $80.0 to $130.0 over the last 30 days.

Valero Energy Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
VLO CALL TRADE BULLISH 01/17/25 $80.00 $154.0K 101 40
VLO CALL SWEEP BULLISH 06/16/23 $110.00 $152.6K 2.0K 31
VLO PUT TRADE BEARISH 06/16/23 $130.00 $95.0K 1.9K 50
VLO CALL SWEEP BEARISH 06/16/23 $110.00 $92.8K 2.0K 386
VLO PUT TRADE BEARISH 06/16/23 $125.00 $73.7K 1.1K 57

Where Is Valero Energy Standing Right Now?

  • With a volume of 3,712,577, the price of VLO is up 2.96% at $111.61.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 78 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 want to stay updated on the latest options trades for Valero Energy, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
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!