Sell Alert: Valero Energy (VLO)
TRADE INSTRUCTIONS
Date: November 18, 2016
Name: Valero Energy, Inc.
Symbol: VLO
Type: Close
Limit: Sell at market
TRADE RATIONALE
We are closing out our position in Valero Energy since it traded below my stop loss price at the opening this morning. Although this position was opened only one month ago with a three month target holding period, but we have already achieved our target return so it’s time to take our profit and move on. Depending on your entry price, the annualized return on this trade should be in the 100 – 150% range if you bought the stock, and much more than that if you purchased call options. Not bad!
Stock Talk
black arrow
Jim,
Very good sir! Keep up the good work.
You must be logged in to post to Stock Talk OR create an account
Brj
That was a good one! Nice job!
You must be logged in to post to Stock Talk OR create an account
Roger Hill
Good call, Jim.
My option trade made an actual 135.7% (after fees).
Thank you!
You must be logged in to post to Stock Talk OR create an account
Alpha_Dog_510
Thank you, Jim
You must be logged in to post to Stock Talk OR create an account
Larry Johnson
Today is the ex-dividend date and this stock pays a nice little dividend to boot.
You must be logged in to post to Stock Talk OR create an account
Add New Comments
You must be logged in to post to Stock Talk OR create an account