I bought a small position at $5.45 bid was $5.35x$5.45, of course they're walking it up now. TTM picked up some at $31, added more at $33.50.
CCJ been very strong, lots of option buying and it’s getting near its 52 week high of $26.40? No idea what it does. The call volume is what attracted me to it below $22. Maybe extended? Than again highs are meant to get broken. During the selling it hugged $24.5 nicely.
Thanks. Playing options 3 months out in this current market would be hard for me to do. Some upgrades cause good moves and other pop and drop. The SOFI upgrade caused a good move.
KPLT getting some action on the stock and the Oct and Jan $5 calls. Probably just getting drug up by AFRM action.
You got to go way back to find the last time CCJ and uranium stocks were this high. Yes, we're testing the high of last month, but I'd put this at better odds of a double top than a breakout to higher highs. I am long uranium stocks long term, but this may fall back some. That said, speculation is at a fever pitch in uranium plays so if it breaks these levels on solid volume 30 is very possible.
Johnny, It might be a good day to close those calls. See if you can get $114.... but I'd take anything. $108 bid. Oops, my bad. $113 bid. Go for 118 Looks like a market order will get 115.50
Thank you, Vanz!! It's at $125 right now but I'm hodling it until first week of Jan 2022 or if MSTR hits $1750/share before Dec 31, then I guess I'll close it for $1000/each That would be interesting. stock options selling for $100K each
More positive news for uranium. Worlds largest producer getting into the Uranium Fund business. Kazatomprom announces physical uranium fund : Uranium & Fuel - World Nuclear News (world-nuclear-news.org)