BHP 0.85% $43.80 bhp group limited

jan 21st production report, page-69

  1. 56 Posts.
    Can anyone explain to me why BHP (ASX) seems to be tethered to $30 with a very short chain? We have seen BHP NYSE and Dow fluctuating quite a bit in the past few weeks, but only very small movements on the ASX??!!!
    I am still holding my two puts, the value has hardly changed since buying them nearly two weeks ago, save for a bit of erosion due to the time value ticking away. I normally don't hang onto them for this long, although I have a month to go to expiry.
    This bear suit is starting to get a bit sweaty!
    cheers BD
 
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