Market Whales and Their Recent Bets on VLO Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards Valero Energy (NYSE:VLO) options, with a significant move detected by Benzinga's options scanner. The activity includes 19 extraordinary options trades, with a bullish majority of 63% and a focus on a price range between $130.0 and $190.0. The largest trades include both bullish and bearish sentiments on calls with various expiration dates and strike prices. Valero Energy, a major refiner, has seen its stock price increase by 1.66% to $166.41, with analysts giving mixed ratings and target prices ranging from $161 to $210.

March 18, 2024 | 4:00 pm
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Valero Energy has seen bullish options activity with a focus on a $130-$190 price range, alongside a recent stock price increase to $166.41. Analyst ratings show optimism with target prices up to $210.
The bullish sentiment among deep-pocketed investors, combined with the recent stock price increase and optimistic analyst ratings, suggests a positive short-term outlook for VLO. The focus on a higher price range in options trading indicates expectations of continued upward movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100