|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||0.81 / 1.92|
Investors in Uranium Energy Corp saw new options become available this week, for the November 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 234 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Uranium producers are catching a bullish wave, as is big-cap technology.
There are several explanations for the weak action this morning.
The uranium market has been in a five-year bear market that shows no signs of bouncing back.