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Valero Stock Makes A Case For Bullish Butterfly Spread

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Valero Energy (VLO) stock continues to hit record highs and was recently added to Investor’s Business Daily’s Big Cap 20 index of leading large-cap growth stocks. Traders might consider taking some bullish exposure on Valero with a low-risk option trade. One way to do that is with a bullish butterfly spread. Butterfly spreads involve three different option strikes, all within…

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