BHP Billiton (BHP) volatility at 14-month lows
BHP Billiton (NYSE: BHP) closed at $69.14. Copper is recently down 1.04% to 299.80 according to Bloomberg. ING raised its rating on BHP to Buy from Hold. BHP November option implied volatility is at 41, December volatility is at 41; below its six-month average of 45, according to Track Data, suggesting decreasing price movement. Paul Foster
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