A 150 can take multiple tranq arrows from a master craft cross bow last time I tried to get a high level I bola it so there I am with my master craft cross bow shooting it well it eventual got free so I go back for round two I do the same thing and the same thing happened it got free and flew away
I tamed the lymantria in early game valguero and it was actually quite easy. All you need to do is use a bola (I used a normal one) and then keep attacking it with a club and it should get knocked out in couple of hits. However, if your trying to tame a higher level one, bring multiple bolas. The saddle is quite cheap so it can be utilised early game.
For an easy tame, wait for the Lymantria to land and then place a tent directly where he/she is at. Its stuck until the tents durability dies out, this gives you enough to build a little house around it for a safe, easy tame.