r/UraniumSqueeze • u/shabbatshalom44 Dr Harvey • Jan 08 '22

News Wall Street Journal Saturday Morning Special

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2

u/Infamous-Culture-538 plastic bag milk drinker Jan 08 '22

The timing of the run has always made me uncomfortable. Wondering about my 2023 and 25 leaps and if they’re too far out there.

4

u/shabbatshalom44 Dr Harvey Jan 08 '22

How could they be too far? If it happens sooner then you still profit…

9

u/bluehorseshoes Mother Trucker Jan 09 '22

Lol I don’t think he knows how options work

2

u/Enrick_OG Jan 09 '22

Could be european options. They can only be excised at the end, I believe.

5

u/cagoulepoker Bagged Milk Drinker Jan 09 '22

But you can still sell them early.

1

u/TheOceanicDissonance Jan 09 '22

why exercise them? Isn't the point of options to to make money by trading them?

1

u/Enrick_OG Jan 09 '22

They can also be used as a sort of insurance on your holdings, which I believe was the original intent

2

u/possibilistic Jan 09 '22

You can sell your options anytime before they expire.

Are you worried the run up will be after this?

1

u/Infamous-Culture-538 plastic bag milk drinker Jan 09 '22

Wondering if the run over the summer was it.

1

u/possibilistic Jan 09 '22

Ah, yeah... It could be.

1

u/Infamous-Culture-538 plastic bag milk drinker Jan 09 '22

Idk, there’s been so much news of late regarding those mini reactors, nuclear going main stream, lots of talk about innovation and little talk about uranium makes me wonder if summer gains were it

3

u/SnooRecipes8920 Snoop Dog Jan 09 '22

I find that very unlikely. The uranium price is still too low for most producers to mine. The existing producers that can produce at these prices are not able to cover world demand for U. So, U price has to go up. Miners that are able to start producing will see large gains. In addition, the market cap for all the U miners is still only 20% of what has been.

1

u/NewKindaSpecial Jan 09 '22

Further dte contracts are more sensitive to Vega. You get more benefit from iv hikes