Yet if you're willing to average down, now may be an opportunistic point to begin doing a bit of "schnitzeling" as our own Jim Cramer likes to call it. For those of you who don't know what "schnitzeling" is, it is Cramer's way of buying a little at a time. If shares drop much lower, you can buy in larger increments. In the meantime, you'll be getting paid to wait with a rewarding dividend and nice upside potential. With a forward (one-year) PE ratio of 15 and its impressive trailing 12-month operating margin of nearly 30%, BHP looks very promising. Disclosure: As of the time of publication, the author bought a LEAP call and sold a LEAP put on shares of BHP, but does not own any other stock or ETF mentioned in this article. Follow @m8a2r1 This article was written by an independent contributor, separate from TheStreet's regular news coverage.