Looking At Valero Energy's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Valero Energy (NYSE:VLO) has seen unusual options activity, with a majority of trades being bearish. This suggests that significant investors anticipate potential price movements. The stock is currently trading at $148.23, with a neutral RSI, and an average analyst target price of $165.0.
August 20, 2024 | 6:46 pm
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Valero Energy has experienced unusual options activity, with a significant portion being bearish. This indicates potential short-term price volatility. The stock is currently trading at $148.23, with a neutral RSI and an analyst target price of $165.0.
The unusual options activity, with 62% of trades being bearish, suggests that significant investors expect potential downward price movements. The current trading price is $148.23, and the average analyst target is $165.0, indicating room for volatility. The neutral RSI suggests no immediate overbought or oversold conditions, but the bearish sentiment in options trading could lead to short-term price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100