Short ALB/ BUY ALB 3/8/24 135 PUTS
Albemarle is up a very statistically rare 6 days in a row and an incredible 29% in under a month. This is a huge leap for the agriculture chemicals company which trades close to soft commodities like corn and soy. The stock has a big resistance here near the 140 level and the reality of a soft economy could lead to some serious short term profit taking. 2 Stars Trade last hour. 3:00-4:00