Synaptic724

Bullish LYB Range Bound Breakout

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Synaptic724 已更新   
NYSE:LYB   LyondellBasell Industries NV
LYB is about to break out of its range its been bouncing between this $84-90 range since Jan 4th.

It's about to break out. Price target is $96.

Call Option April 12th EXP, Strike $90.

Possibility of a false breakout. Contract will be sold if it reaches $88.

Otherwise aiming for target of $96.

Possible interference from the SPY as it may cancel the rally if the SPY sells off.
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