Valero Energy's Options: A Look at What the Big Money is Thinking

Valero Energy Corporation -1.48%

Valero Energy Corporation

VLO

150.21

-1.48%

Financial giants have made a conspicuous bullish move on Valero Energy. Our analysis of options history for Valero Energy (NYSE:VLO) revealed 12 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $64,225, and 10 were calls, valued at $1,282,241.

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 $125.0 and $230.0 for Valero Energy, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Valero Energy options trades today is 579.1 with a total volume of 2,390.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Valero Energy's big money trades within a strike price range of $125.0 to $230.0 over the last 30 days.

Valero Energy Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
VLO CALL TRADE BULLISH 06/21/24 $5.9 $5.75 $5.9 $180.00 $885.0K 1.4K 1.5K
VLO CALL TRADE BEARISH 06/20/25 $11.3 $11.25 $11.25 $210.00 $84.3K 29 77
VLO CALL SWEEP NEUTRAL 08/16/24 $5.9 $5.7 $5.82 $190.00 $52.3K 984 242
VLO CALL TRADE NEUTRAL 08/16/24 $5.9 $5.7 $5.81 $190.00 $52.2K 984 0
VLO CALL SWEEP BULLISH 04/19/24 $8.9 $8.85 $8.9 $160.00 $44.5K 2.0K 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.

Where Is Valero Energy Standing Right Now?

  • Trading volume stands at 1,278,896, with VLO's price up by 1.35%, positioned at $170.08.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 28 days.

Professional Analyst Ratings for 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 $184.4.

  • Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Valero Energy, targeting a price of $171.
  • Maintaining their stance, an analyst from Goldman Sachs continues to hold a Sell rating for Valero Energy, targeting a price of $171.
  • An analyst from Mizuho downgraded its action to Neutral with a price target of $173.
  • Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Valero Energy, targeting a price of $197.
  • An analyst from B of A Securities upgraded its action to Buy with a price target of $210.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Valero Energy with Benzinga Pro for real-time alerts.

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