Valero Energy VLO (news,
chart,
quote) - VLO volatility Elevated at 90; oil below $64
VLO is recently down $1.37 to $19.36. Crude oil futures are recently down 3.00% to $63.34. VLO November option implied volatility is at 90, December is at 87; above its 26-week average of 62 according to Track Data, suggesting larger price movement.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.