Potential Investment Trades to the Downside

With Fresh crosses below the 22dma on Friday, LBTYA, AVT and PCAR make good potential investment trades to the downside.

the LBTYA JAN 45 Put is asking 4.80 with a stop loss at 3.90 (a potential 19% loss). The target should be 8.10 (a potential 68% gain).

+++ Update - although not a convincing descent, LBTVA closed below the 22dma in the first hour, and so I placed this trade.

+++ Update - got stopped out at 3.70, so this was a bad trade!

The AVT JAN 40 Put has an ask of 3.40, and the stop loss should be set at 2.80 (a potential 18% loss). The target should be 5.0 for a 47% gain (potentially!).

The PCAR JAN 90 Put is asking 10.10 (a little expensive!) with a stop loss that should be set at 9.30 for a potential 8% loss. The potential gain is 50%, with a target of 15.10.

I will monitor these after the first hour on Monday and see if they have still closed below the 22dma. If so, I will trade.

+++ Update - both AVT and PCAR failed to close under the 22dma after the first hour, and therefor I passed on these trades.