International International ADR Live Data Updated 2025-12-30

BHP Options

BHP Group Limited Options Chain, Implied Volatility & Greeks

Comprehensive options market data for BHP Group Limited (BHP). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

BHP Options at a Glance

Daily Volume: 30K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 300K+ contracts
IV Range: 25% - 60%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
30K+ contracts
Open Interest
300K+ contracts
IV Range
25% - 60%
Liquidity
Moderate
Weeklies
Yes
LEAPS
Yes

1 About BHP Group Limited (BHP)

BHP Group Limited trades on NYSE. Options on BHP are actively traded by retail and institutional investors.

Company Profile

Sector International
Industry Mining
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

BHP is an actively traded options name in the Mining space.

2 BHP Options Market Overview

BHP options offer moderate liquidity for traders seeking exposure to Mining.

Average Daily Volume 30K+ contracts
Total Open Interest 300K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Moderate

BHP options provide moderate liquidity for most trading strategies.

3 BHP Volatility Profile

BHP implied volatility reflects market expectations for BHP Group Limited price movement.

Low IV Environment
25% - 35%
Below average volatility
Typical IV Range
35% - 48%
Normal conditions
Elevated IV
48% - 60%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View BHP IV Analytics

BHP Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for BHP shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live BHP GEX

4 Common BHP Options Strategies

These are strategies commonly used by traders on BHP options, based on typical market characteristics. This is not investment advice.

Vertical Spreads Directional

Used by BHP traders for directional exposure. Moderate liquidity supports efficient execution.

Straddles Volatility

Used by BHP traders for volatility exposure. Moderate liquidity supports efficient execution.

Used by BHP traders for neutral exposure. Moderate liquidity supports efficient execution.

Used by BHP traders for income exposure. Moderate liquidity supports efficient execution.

Strangles Volatility

Used by BHP traders for volatility exposure. Moderate liquidity supports efficient execution.

Key Considerations for BHP Options

  • BHP options liquidity: Moderate - affects execution quality
  • IV range: 25% - 60% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: BHP Options

What are BHP options?

BHP options are derivative contracts that give you the right to buy (call) or sell (put) BHP Group Limited shares at a specific price before expiration.

How do I analyze BHP implied volatility?

BHP IV typically ranges from 25% - 35% during quiet periods to 48% - 60% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for BHP options?

BHP options have moderate liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does BHP report earnings?

BHP Group Limited typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for BHP options?

Popular BHP strategies include vertical spreads, straddles, and iron condors. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade BHP options?

The most liquid trading hours for BHP options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate BHP option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for BHP options across all strikes and expirations.

What happens to BHP options at expiration?

In-the-money BHP options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore BHP Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.