Maximize Returns with AI-Powered BHP Trading Strategies

Price Forecast:

Bullish Case: BHP's investments in copper position it for long-term gains amid rising demand, particularly from AI and green energy sectors, possibly pushing prices beyond $65 due to supply constraints from labor actions.

Bearish Case: Continued weak iron ore prices, heightened labor tensions, and China's economic slowdown threaten BHP's profitability, potentially driving the stock below $50 and eroding investor confidence.

Potential Outcomes:

1. 40% chance BHP reaches $65 due to copper demand.

2. 30% chance stock falls to $50 as iron ore prices decline.

3. 30% chance of sideways trading, maintaining around $58 based on current economic indicators.

Trading Oracle: Engage in a bullish debit spread: buy $62.5 calls and sell $65 calls for October expiry. This strategy benefits from upward movement, capitalizing on AI-driven copper demand while limiting risk exposure. Market odds support growth with 70% profit probability.

October 13, 2024