Financial giants have made a conspicuous bullish move on Valero Energy. Our analysis of options history for Valero Energy VLO revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $89,404, and 7 were calls, valued at $504,482.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $135.0 for Valero Energy, spanning the last three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Valero Energy stands at 570.62, with a total volume reaching 1,275.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Valero Energy, situated within the strike price corridor from $95.0 to $135.0, throughout the last 30 days.
Valero Energy 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VLO | CALL | SWEEP | BULLISH | 01/26/24 | $130.00 | $172.3K | 97 | 682 |
| VLO | CALL | TRADE | BULLISH | 06/21/24 | $130.00 | $91.5K | 468 | 244 |
| VLO | CALL | TRADE | NEUTRAL | 01/17/25 | $100.00 | $68.0K | 2.6K | 20 |
| VLO | CALL | TRADE | BEARISH | 01/19/24 | $95.00 | $66.6K | 168 | 20 |
| VLO | CALL | TRADE | BULLISH | 01/17/25 | $120.00 | $49.5K | 331 | 34 |
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 of ethanol 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.
Valero Energy's Current Market Status
- With a trading volume of 785,428, the price of VLO is down by -1.28%, reaching $127.62.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 16 days from now.
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.
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