AcornWealthCorp

LYB - Consider $90 March Puts & target is $72

Short
NYSE:LYB   LyondellBasell Industries NV
We discussed it in the beginning of December in the Xmas wishlist class, and discussed aggressive entry was $92 area & $90 March Puts, the puts should be in nicely in-the money by now.

we still like the $90 March Puts (currently $7.20), however updating stoploss to $92.13 to give a little bit of room & target is $72.

You can check detailed analysis on LYB in the trading room/ Executive summary link here-
www.youtube.com/watch?v=B4IA-Wvg...
Time Span- 10:30"
Trade Status: Pending

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