Bought Some USU Calls

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November 2, 2007

On the back of the USEG trade yesterday, I’m bought some USU calls today. The Dec 10s. I noticed that the volume in these calls is a little skewed to the upside. USU reported earnings today that raised full year outlook. Uranium stocks in general may have found a home with the high oil prices.

USU Raised Full Year Guidance Today 11-2-07….Does this look like a chart of a company that raised guidance?


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  • http://www.stockrake.com Sensei

    It looks like the spot price for Uranium is jumping.

  • http://www.stockrake.com Sensei

    It looks like the spot price for Uranium is jumping.