Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Spotlight on Valero Energy: Analyzing the Surge in Options Activity

Author: Benzinga Insights | August 01, 2024 04:32pm

Investors with a lot of money to spend have taken a bullish stance on Valero Energy (NYSE:VLO).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VLO, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 11 options trades for Valero Energy.

This isn't normal.

The overall sentiment of these big-money traders is split between 81% bullish and 9%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $83,220, and 10, calls, for a total amount of $444,870.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $150.0 to $175.0 for Valero Energy over the recent three months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of Valero Energy stands at 6801.0, with a total volume reaching 5,039.00. 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 $150.0 to $175.0, throughout the last 30 days.

Valero Energy Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
VLO PUT SWEEP BEARISH 03/21/25 $11.15 $10.9 $10.95 $150.00 $83.2K 84 73
VLO CALL TRADE BULLISH 12/20/24 $6.25 $6.05 $6.25 $175.00 $51.8K 20.2K 965
VLO CALL TRADE BULLISH 12/20/24 $6.15 $5.95 $6.15 $175.00 $51.6K 20.2K 637
VLO CALL TRADE BULLISH 12/20/24 $6.25 $6.1 $6.25 $175.00 $50.0K 20.2K 965
VLO CALL TRADE BULLISH 12/20/24 $6.25 $6.05 $6.25 $175.00 $47.5K 20.2K 965

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 US, 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 the capacity to produce 1.2 billion gallons per year of renewable diesel.

After a thorough review of the options trading surrounding Valero Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Valero Energy Standing Right Now?

  • With a trading volume of 2,373,965, the price of VLO is down by -2.61%, reaching $156.45.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 84 days from now.

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.

Posted In: VLO

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist