Bullish option flow detected in BHP Billiton with 2,656 calls trading, 1.8x expected, and implied vol increasing over 1 point to 25.78%. Jan-24 55 puts and Jan-24 60 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.65. Earnings are expected on February 22nd.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on BHP:
- BHP Group price target raised to 2,550 GBp from 2,320 GBp at JPMorgan
- BHP Group price target raised to A$50 from A$47 at JPMorgan
- JPMorgan upgrades Rio Tinto to Overweight, names new top pick
- BHP Group (BHP) Reveals Q3 Dividend: Here’s the Essential Information
- BHP Group price target lowered to 2,200 GBp from 2,400 GBp at Berenberg