Valero Energy Unusual Options Activity For October 09
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Valero Energy (NYSE:VLO), with a bearish stance being taken by a 'whale' investor. Of the 20 strange trades detected, 45% were bullish and 55% were bearish. The total amount for puts was $566,015 and for calls was $709,401. The price target range for Valero Energy over the last 3 months has been $115.0 to $140.0. The company's stock price is currently up 1.04% at $127.85. Several financial institutions have maintained their positive ratings on Valero Energy, with price targets ranging from $156 to $171.
October 09, 2023 | 6:01 pm
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Unusual options activity detected for Valero Energy. Majority of trades were bearish. Stock price is up 1.04% at $127.85. Positive ratings maintained by several financial institutions.
The unusual options activity, particularly the bearish stance taken by a 'whale' investor, could potentially impact the stock price of Valero Energy. However, the stock price is currently up and several financial institutions have maintained their positive ratings on the company, which could counteract any negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100