BHP 0.25% $40.01 bhp group limited

third attack on 1550 level

  1. 362 Posts.
    bhp's closing prices were 1551 on 2/12,1546 on 22/12 ,1548 on both 24 and 30/12.

    needs to seriously get back to 1540-1555 level before 1575-1600 level can be achieved.will probably trade sideways if it can not achieve the above.

    bought back on 5/1 1550 bhpbm short call option by closing one leg of the calendar spread and now comfortable long with bhp90 febr 1550 call option.

    comments please.

    cheers
 
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