Rochester, NY 8/11/2009 12:49:49 AM
BHP Billiton plc BBL - BHP Billiton Break Even on Stock Market
BHP Billiton plc BBL
BHP Billiton has hit earnings of $64.43 at last trading session. So far the stock has hit a 52-week low of $24.53 and 52-week high of $72.80. BHP Billiton stock has been showing support around 62.65 and resistance in the 66.29 range. A Technical indicators show that the company’s stock still continues to move.
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BHP appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Nov '09 60 covered calls (BHP KL) for a net debit in the $56.43 area. That is also the break even stock price for this trade.
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