A Private Buywrite Fund focused on Uranium, Silver and Bitcoin Equities
Merry Christmas and Happy New Year! Today I sold some Energy Fuels ($UUUU) Jan 8’s – meant to sell the 9’s but I fat fingered it I guess. On the flipside I bought some Feb 7’s. I also sold some Metalla Royalty and Streaming ($MTA) $7.50 calls and bought some common on the flipside.
Energy Fuels ($UUUU) MACD is turning back up – time to sell the strikes that are farther out of the money and only at the ask or close to it:
Today we sold the following:
and we bought the following:
Today was the first day of Bitcoin being a national currency of El Salvador. To celebrate, Bitcoin dropped in price to $46,428 as of this writing – however we don’t expect Bitcoin to be left high and dry. In other news, uranium continues to roll with the Sprott Physical Uranium Trust train showing no signs of stopping.
We wrote bull calendar spreads on Riot Blockchain ($RIOT), Innovio Pharmaceuticals ($INO), Transocean LTD ($RIG) and Energy Fuels ($UUUU)
Here we are in September of 2021. Uranium had some pretty good follow through from yesterday. Bitcoin is hanging around at $47K and Oil is at $68 / barrel. Today we wrote some Bull Calendar Spreads on Energy Fuels ($UUUU) and Denison Mines ($DNN). Given the bullish momentum, we are going to hang onto the calls we are generating into the fall. For uranium the future’s so bright, gotta wear shades.