3SOF

I bought the April $65 strike 80 @ $2.50

I believe there will be a build in crude inventories tomorrow as refinery slow downs cause crude back ups. That will send crude prices down and gas prices up thus increasing the crack spread. For every .03 gas goes up VLO makes 4 billion more per quarter. VLO earnings are the 24th.

There should be another draw down in gasoline supplies due to the easter holiday and spring break. Not to mention this cold weather will make a increase in heating oil thus more refinery demand. Things couldn't be more bullish for VLO which should blow out earings estimates.

just sold 20 of those calls at 3.90 but thanks for the feed back, this board is dead