BHP Group Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of bearish options activity has been detected for BHP Group (NYSE:BHP), with 90% of investors opening trades with bearish expectations. The total amount for puts is $123,820 and for calls is $277,440. Whales have been targeting a price range from $57.5 to $72.5 for BHP Group over the last 3 months. The current price of BHP is up 0.71% at $61.03.
July 20, 2023 | 6:47 pm
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Bearish options activity has been detected for BHP Group, indicating a potential downward trend in the short term.
The bearish options activity indicates that a significant number of investors are expecting the price of BHP Group to decrease. This could potentially lead to a downward trend in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100