BHP 0.29% $41.64 bhp group limited

how high will it go, page-6

  1. 6,639 Posts.
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    Busterup,

    I'm not playing BHP that way. I deal with what is before me today (i.e. oil price/metal prices/US/Aust exchange rates) and try to avoid thinking too much about what will happen in the future. Am writing put options about 1 strike level below the market price. That way I have a margin of error if BHP falls by a few % (like it did in early May).

    Of course if BHP rises very rapidly I miss out on significant gains.


    Ajax
 
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$41.64
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$41.75 $41.77 $41.35 $254.3M 6.119M

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