Whales with a lot of money to spend have taken a noticeably bearish stance on Valero Energy.
Looking at options history for Valero Energy VLO we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $77,692 and 6, calls, for a total amount of $216,995.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $165.0 for Valero Energy over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $75.0 to $165.0 in the last 30 days.
Valero Energy Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VLO | CALL | TRADE | BULLISH | 01/19/24 | $75.00 | $57.0K | 17 | 10 |
| VLO | PUT | SWEEP | BEARISH | 01/17/25 | $110.00 | $42.8K | 1.1K | 68 |
| VLO | CALL | SWEEP | BEARISH | 01/19/24 | $75.00 | $40.1K | 17 | 17 |
| VLO | CALL | SWEEP | BULLISH | 01/17/25 | $165.00 | $35.7K | 246 | 65 |
| VLO | PUT | SWEEP | BEARISH | 01/26/24 | $125.00 | $34.8K | 247 | 434 |
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.
Following our analysis of the options activities associated with Valero Energy, we pivot to a closer look at the company's own performance.
Valero Energy's Current Market Status
- Trading volume stands at 2,350,027, with VLO's price up by 0.85%, positioned at $132.62.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 9 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Valero Energy options trades with real-time alerts from Benzinga Pro.
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