BHP 0.36% $41.26 bhp group limited

Can anyone explain to me why BHP (ASX) seems to be tethered to...

  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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