BpowersCLT

$LYB Iron Condor Opportunity

NYSE:LYB   LyondellBasell Industries NV
Implied volatility is falling in this stock as it nears the more or less average price of around 86 per share over the previous 6 months. I think the price might stay in that range after it's recent moves over April and May. JUL19 75/80/90/95 Iron Condor is attractively priced, and is a better play than just the short Strangle or Straddle given the margin requirements.

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