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Uranium and Bitcoin less bad, Silver still pretty bad

Energy Fuels ($UUUU)

Today we wrote some Feb 7’s and bought some $DNN Feb 1’s we had laying around, along with some $UUUU common and some $ANY common. Uranium is looking a bit better with RSI curling up and the MACD starting to converge a bit:

Sphere 3D ($ANY)

Today we wrote the Feb 4th 2’s – it was a nice 200%+ annualized play – however we’ll probably get busted this week 🤔 cause Bitcoin is looking good:

Metalla Royalty and Streaming ($MTA)

Today we wrote some Feb $7.50’s and bought some $MTA common. Silver is not looking great to be honest. Patience.

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More storm clouds on the horizon.

Energy Fuels ($UUUU) ☢️

Today we sold some February $7 paper and bought some common shares of $UUUU and paid a dividend with the proceeds. Energy Fuels is still looking weak:

so we will continue to write the Feb $7 paper until it can gain $6.50 – at which case we would start to write the Feb $8 paper – and if the common drops below $5.50 we will start to write the Feb $6 paper. On the flip side with the proceeds we will raise cash and possibly buy more longer dated calls / puts or common.

Sphere 3D Corp ($ANY)

Gotta love it when you write $2 weeklies and the stock ends the week @ $1.98. We’re gonna try to write these weeklies again on Monday. Hopefully we can write the $2’s – if it rockets we’ll see if we can get something for the $2.50’s. Right now the Feb 4 $2’s are selling for $0.13 – which would be a $0.13 x 52 = $6.76 annual return or a 341% return on today’s share price of $1.98.

Chart starting to look slightly better than absolute dumpster fire. Buy time? Bitcoin is a manic beast

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Trades for December 23, 2021

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:

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Daily Boost 09.04.2021 Shine On Uranium

Uranium continues to shine as Sprott removes supply from the market at breakneck speed with their Sprott Uranium Trust vehicle. It will be interesting to see how spot moves next week – will it continue to march higher or take a breather?

In other news, bitcoin is back over $50K, gold and silver got a pop and will oil become more volatile with these missile attacks in Saudi Arabia?

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Daily Boost 09.01.2021 Wow its September

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.

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Daily Boost 08.31.2021 Uranium Countdowns On 4…3…2…1

Uranium Spot Price continues to climb as it nears $35 / pound. This is in part thanks to the Sprott Physical Uranium Trust (SPUT) which continues to act more more like SPUTnik – taking pounds off the market at rocket speed. We are doing our part by purchasing more Energy Fuels ($UUUU) and Denison Mines ($DNN) -mostly in the form of Bull Calendar Spreads. Earth below us…. drifting, falling…. floating weightless. To the moon, diamond hands.

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Daily Boost 08.30.2021 Just Another Day

Mondays aren’t half bad when you write covered calls – they are more than just another day. They are a just another profitable day.

Today we wrote bull calendar spreads with the October / December paper on Energy Fuels ($UUUU). We also wrote some bull calendar spreads with the weeklies on Riot Blockchain ($RIOT) and Innovio Pharmaceuticals ($INO). We picked up a few $DNN and would love to see our bids get filled at $0.10 for the October $1.50 paper there.