Whales with a lot of money to spend have taken a noticeably bullish 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 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $95,770 and 6, calls, for a total amount of $218,705.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $200.0 for Valero Energy over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Valero Energy stands at 221.0, with a total volume reaching 269.00. 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 $100.0 to $200.0, 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 | PUT | SWEEP | NEUTRAL | 01/17/25 | $145.00 | $65.3K | 186 | 50 |
| VLO | CALL | TRADE | BULLISH | 06/21/24 | $100.00 | $48.1K | 50 | 10 |
| VLO | CALL | TRADE | BEARISH | 07/19/24 | $155.00 | $46.3K | 206 | 74 |
| VLO | CALL | SWEEP | BULLISH | 05/17/24 | $145.00 | $38.9K | 851 | 71 |
| VLO | CALL | TRADE | BULLISH | 03/22/24 | $142.00 | $34.0K | 75 | 50 |
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.
Following our analysis of the options activities associated with Valero Energy, we pivot to a closer look at the company's own performance.
Current Position of Valero Energy
- With a trading volume of 2,018,778, the price of VLO is down by -0.02%, reaching $143.25.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 52 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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