Options Trade of the Day
BHP Billiton Limited (ADR) (NYSE:BHP) Calls
Friday, January 30, 2015
**BHP Ready For A Comeback!**
As you are aware there has been an historic drop in the price of oil, but this is not the only commodity that has suffered – and
BHP Billiton Limited (ADR) (NYSE: BHP), which is a global diversified natural resources company dealing in not only petroleum but also aluminum, iron ore, copper ore, and a host of other metals – is one such company that has been caught up in this downturn.
With a market cap of $119 billion, BHP is no small company — but just six months ago it was much, much larger. After peaking last July above $73, BHP has fallen 38% to its current level.
On a yearly basis, the price for BHP had reached its zenith at $73.91 and the nadir is recorded at $42.92, which
has made the company a must on the radar of many Wall Street Analysts.
.......Read the rest of the report and find out the recommended options trade …..
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