BHP Billiton volatility flat into Brazilian dam collapse
FLY ON THE WALL 8:31 AM ET 11/06/15
BHP Billiton (BHP) November call option implied volatility is at 37, December is at 36; compared to its 52-week range of 22 to 61, suggesting non-directional price movement into a collapsed dam at a Brazilian mine owned by BHP Billiton and Vale (VALE).
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