BHP 1.83% $44.04 bhp group limited

contrarian view

  1. 1,564 Posts.
    Bought bhp puts today looks overbought now ?remember WMR was trading below $5 before xstrata offer BHP will have to pay more than $8 if it wants control . Rio are trading close to 52 week highs if RIO make an all scrip bid north of $8 or Anglo join in bhp will have to pay more $$$ .

    Even if bhp drops to $18 it still has had a stella run last 12 months

    BHPXMZ puts look to have 100%in them if BHP fall to even $18.50.

    Comments welcome
 
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