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Gold/Mining/Energy : Uranium Stocks
URNM 56.58+0.1%Dec 24 4:00 PM EST

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From: The Barracuda™12/15/2025 1:13:55 PM
   of 30235
 
FWIW on the SPUT Montreal options Grok has this to say

Conclusion: Which Month is Best Value for the 25 Strike Call?
  • The December 19, 2025 expiration showed slight overpricing in short-term options overall, but the 25 strike call had minor undervaluation in some quotes (the only one with positive edge in near-term).
  • For longer months, if implied volatility is elevated (common in uranium due to geopolitical/news risk), calls can appear overpriced. However, the longest available expirations (e.g., Sep 2026 or Dec 2026 if listed) often offer the best buy value because:
    • More time value allows greater sensitivity to volatility changes.
    • If market IV > historical 33%, shorter months are more overpriced; longer ones can flip to undervalued if the vol smile skews lower for deep ITM/ longer terms.
    • Greatest potential upside if uranium spot rises (leverage from theta decay slower).
Recommended best value: Longest expiration available (likely June or September 2026) – highest theoretical edge for buyers if you're bullish on uranium. If you're looking to sell overpriced premium, the near-term (Dec/Jan) are better. Note: Actual best value depends on live implied vols per strike/month (often higher than historical in this sector). Liquidity is higher in near months. For precise current quotes, check the M-X site directly or a broker platform like Questrade/Interactive Brokers for U.UN options chain. Let me know if you have specific prices for other months!
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