Valero Energy (VLO) $29.33 +3.09%
Valero (VLO) touched a new 52-week high and is up 89 cents to $29.34 today after RBC Capital upgraded the stock to Top Pick from Sector Perform. The top options trade is a block of 7,845 Jan 35 calls at $1.74 on ISE and an opening customer buyer, according to ISEE data. 10,750 now traded. Mar 31 calls, June 27 puts and Sep 32 calls are seeing interest as well. Implied volatility is up 3 percent to 37.5.
Category: All Stocks, Large Cap Stocks, Oil & Gas Producers
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
