Daily Boost 08.09.2021 Crypto-nite

Crypto was straight fire on market open this morning. Its cooled off a bit tonight with bitcoin at $45,459. We did a buywrite @ $38.50 and bought longer dated calls on the flipside with Riot Blockchain ($RIOT) – will we get assigned? your guess is as good as mine. Its pretty much a coin flip at this point.

Meanwhile, energy is no bid cause Covid and China. Time to buy more Transocean ($RIG) common?

Finally, Denison Mines won’t budge, so we’re writing the cash secured puts @ $1.00 and writing $1 calls on the flipside.

Oh the joys of summer.

Daily Boost 08.05.2021 Green Day

Most of our issues were up today as we took an additional position in uranium company Energy Fuels ($UUUU) and the biotech firm IMV Inc. ($IMV) . Keeping an eye on Bitcoin, Oil, Gold and Silver here, but with the summer doldrums in full swing we’re not expecting any big moves.

Daily Boost 08.04.2021 Nothing Burger

The market is a nothing burger right now when it comes to implied volatility. Bought some uranium today – Energy Fuels ($UUUU) and Denison Mines ($DNN). Also bought some crypto – Riot Blockchain ($RIOT) but thats about it.

Daily Boost 08.03.2021 Well?

Well it was a blah day today in the market. Bitcoin has cooled off a bit here at $38.032 as of this writing. We purchased more uranium today. Nice pop in Energy Fuels ($UUUU) at the end of the day, we’ll see if it holds. Price action in Transocean ($RIG) was weird today, but we are still bullish oil longterm.

Daily Boost 07.30.2021 Hello Crypto?

As of this writing, bitcoin is trading at $41,745 – is it headed higher or a head fake? We don’t know for sure. We do know that our Riot Blockchain ($RIOT) calls made a late stage comeback this week and busted through strike… a sign of things to come?

Daily Boost 07.29.2021 Boring Works

Well it was a snoozer day in the markets today. Equities flat. Still we wrote some covered calls on the usual uranium suspects – Energy Fuels ($UUUU( and Denison Mines ($DNN).

We also sold some calls of Transociean ($RIG).

It looks like the precious metals complex – gold, silver, platinum may be waking up here.

Also, check out the cup and handle formation on biotech:

Daily Boost 07.28.2021 Fed Speaks Edition

So you’re telling me its not transitory?

Commodities are back in vogue – well at least for now.

Uranium is starting to glow again. Sold more Energy Fuels $UUUU Sept $6 Calls today. Bought some Energy Fuels $UUUU Oct $6 Calls today. Need a play on Dennys ($DNN) but its in no mans land. Tried writing some Sept puts @ $1 but not a lot of meat on that bone. C’mon Dennys.

Gold and Silver looking good here. Still love royalty cos like Metalla – $MTA – gonna listen to http://www.kereport.com/2021/07/27/metalla-royalty-streaming-a-shareholder-update-on-a-wide-range-of-topics/

Crypto seems to be headed higher but might be a head fake – who knows? Canaan ($CAN) was up like 15% today so there’s that.

We’re buying some Biotech cause why not. New position in IMV Inc. ($IMV) – they are battling Cancer and Covid – so thats awesome.

Oil looking slick. Pun intended. $RIG holding strong.