Find out what whales are doing with VLO

Someone with a lot of money to spend has taken a bearish position on Valero Energy VLO.

And retailers should know.

We noticed this today when the big position appeared on the history of publicly available options that we track here at Benzinga.

Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with VLO, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Benzinga's options scanner today spotted 17 unusual options trades for Valero Energy.

This is not normal.

The general sentiment of these big traders is split between 11% bullish and 88% bearish.

Of all the special options we discovered, 12 are puts, totaling $477,110, and 5 are calls, totaling $295,627 .

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $85.0 to $145.0 for Valero Energy over the course of for the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a stock.

This data can help you track the liquidity and interest of Valero Energy options for a given strike price.

Below we can observe the evolution of volume and open interest in calls and puts, respectively, for all of Valero Energy's whale business within a strike price range of $85.0 to $145.0 over the last 30 days.

Valero Energy Option Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume VLO CALL TRADE NEUTRAL 01/20/23 $100.00 $100.8,000 1.2K 130 VLO CALL TRADE BULLISH 01/20/23 $100.00 $73,000 1.2K 50 VLO PUT SWEEP BEARISH 07/15/22 $135.00 $68,000 310 24 VLO PUT SWEEP BEARISH 09/16/22 $110.00 $52,800 1.1K 0 VLO PUT TRADE BEARISH 07/15/22 $130.00 $46.6,000 549 5 Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume VLO CALL TRADE NEUTRAL 01/20/23 $100.00 $100.8,000 1.2K 130 VLO CALL TRADE BULLISH 01/20/23 $100.00 $73,000 1.2K 50 VLO PUT SWEEP BEARISH 07/15/22 $135.00 $68,000 310 24 VLO PUT SWEEP BEARISH 09/16/22 $110.00 $52,800 1.1K 0 VLO PUT TRADE BEARISH 07/15/22 $130.00 $46.6,000 549 5 Where is Valero Energy right now? With a volume of 2,548,250, the price of VLO is down -4.17% to $99.28. RSI indicators suggest that the underlying...