Bearish flow noted in BHP Billiton with 4,163 puts trading, or 13x expected. Most active are Oct-24 57.5 puts and Jan-25 67.5 calls, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 15.95, while ATM IV is up over 1 point on the day. Earnings are expected on February 20th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHP:
- BHP Group downgraded to Hold from Buy at Jefferies
- Lifezone Metals initiates project financing process for Kabanga Nickel Project
- BHP Group price target lowered to 1,900 GBp from 2,000 GBp at Berenberg
- Playtika to acquire SuperPlay, Intel says not selling Mobileye: Morning Buzz
- BHP Group price target lowered to $60 from $68 at Argus