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evacirca
Feb 3, 2013 8:07 AM

LYB March or April Put?? Short

LyondellBasell Industries NVNYSE

Description

I am lower than a rookie so if I'm doing something really wrong. Please let me know. The candles indicate a bearish move. I'm really only looking for 2 to 5 points of a move. This trade will depend on the volatility. If the stock is too volatile and the price of the option is too much, a credit spread would probably be in order? I hope my fear of posting this is not going to be confirmed.
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