Valero Energy's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bearish move on Valero Energy. Our analysis of options history for Valero Energy VLO revealed 35 unusual trades.

Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 31 were puts, with a value of $1,028,768, and 4 were calls, valued at $303,360.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $152.5 and $190.0 for Valero Energy, spanning the last three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Valero Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Valero Energy's substantial trades, within a strike price spectrum from $152.5 to $190.0 over the preceding 30 days.

Valero Energy Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Valero Energy

Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.

In light of the recent options history for Valero Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Valero Energy's Current Market Status

• With a trading volume of 2,357,163, the price of VLO is down by -1.44%, reaching $157.57.
• Current RSI values indicate that the stock is may be oversold.
• Next earnings report is scheduled for 85 days from now.

Expert Opinions on Valero Energy

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $185.4.

• An analyst from Barclays persists with their Overweight rating on Valero Energy, maintaining a target price of $179.
• An analyst from Barclays has decided to maintain their Overweight rating on Valero Energy, which currently sits at a price target of $173.
• An analyst from Citigroup has decided to maintain their Buy rating on Valero Energy, which currently sits at a price target of $192.
• Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on Valero Energy with a target price of $185.
• Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Valero Energy, targeting a price of $198.

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.