A Private Buywrite Fund focused on Uranium, Silver and Bitcoin Equities
Inovio Pharmaceuticals was up 13% today on high volume and busted through our $9.50 calls for tomorrow August 13th. Maybe a minor correction tomorrow is in the cards? Today we bought some Energy Fuels ($UUUU), Denison Mines ($DNN) and more IMV Inc. ($IMV).
IMV Inc. reported some good results from their ovarian cancer drug trial:
Yesterday the stock was up on the news, today its back down.
We acquired some additional shares in IMV Inc. ($IMV) mentioned above, along with Energy Fuels ($UUUU), Denison Mines ($DNN) and Innovio Pharmaceuticals ($INO).
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 $1 calls on the flipside.
Oh the joys of summer.
The market is a nothing burger right now when it comes to implied volatility. Bought some uranium today – Energy Fuels ($UUUU) and Denison Mines ($DNN). Also bought some crypto – Riot Blockchain ($RIOT) but thats about it.
We bought a bit of everything today: Energy (Energy Fuels $UUUU, Denison Mines $DNN and Transocean LTD $RIG), Crypto (Riot BlockChain $RIOT) and BioTech (IMV Inc. $IMV and Innovio Pharmaceuticals $INO)
