Lady Bug is a Lustre finish red lipstick. Lustre finishes tend to have a bit of sheerness to them, so this is a very wearable red lip.
Personally, it's my absolute favorite red lipstick because it is so wearable. I feel like its appropriate for day or night and most occasions. The swatch below is two passes, just for reference.
Some people fine Lustres drying, but I like them and haven't found them drying at all.