blue horseshoe loves VLO

[Hooked2000]

wouldn't the options give you the probability? It is priced in the calls and puts.

 

[HolyGrail]

Quote from AAAintheBeltway:

, I can't see how it is not a long term winner. Refineries are scare assets, and they are the biggest.

When you are dealing with businesses in commodities, no company is really a long term winner. These type of companies will just swing to extreme levels in both directions. It's just the nature of the commodities.

As far as investigating options pricing to determine the future direction of the stock I'm not so sure that works. There is no way to determine what percentage of the open interests are hedging the underlying stock from those that truly believe the stock is going to rise or fall.

 

[iceman1]

Quote from HolyGrail:


As far as investigating options pricing to determine the future direction of the stock I'm not so sure that works. There is no way to determine what percentage of the open interests are hedging the underlying stock from those that truly believe the stock is going to rise or fall.

i agree - but large o/i at strikes does often provide clues as to likely expiry ranges

 

[iceman1]

Quote from iceman1:

10-31-06 02:31 PM
no reason -- just like today's volume and candle

------- and being a contrarian -- gotta be long here!

think it gets marked higher over next 45 days !

comments

IcE

ALL ABOARD.... train leaves shortly!

JMHO

IcE

 

[iceman1]

Quote from iceman1:

no reason -- just like today's volume and candle - and being a contrarian -- gotta be long here!

think it gets marked higher over next 45 days !

comments

IcE

this stock is driving me crazy along with QCOM.

go figure... market making new highs and QCOM (once with a 3/4 digit price tag) is wallowing in the mud) and VLO is schizo!

 

[motomundy]

I just exited VLO on Thursday. Friday's are usually a down day for VLO in the past few weeks.

Looking to reenter sometime next week.

A little worried about oil and the new congress.

 

[iceman1]

Quote from motomundy:



A little worried about oil and the new congress.

agree

not looking for a double> just 10-15% by 12/31

 

[walter4]

Quote from walter4:

I think the range will be 48 to 56

I think I got a lucky number! check out 3 month chart

 

[stonedinvestor]

What an ugly mess. This might be the worst chart I've seen lately... not a good omen for my various energy shares.. although the shift in additives killed these guys.

 

[HolyGrail]

Yep it looks like this sucker is about to go into a new trading range much lower than it's current one.