Shares of Global X Uranium ETF (URA) are trading up .26 today.? URA is near the bottom of the 52-week range.
Today paper traded 5010 URA Apr 16 calls for .45-.65.? ADV is 160 contracts.? The OI is 466 contracts.
The volume went up in small blocks with early paper hitting a posted bid then buyers stepped in.? This might be a buy writer but more volume stepped in to buy.
30-day implied volatility is 30%.? ?10-day implied volatility is 25%.? 30-day implied volatility is trading above the 10-day historical volatility.
Global X Uranium (URA) fund offers a pure play in uranium with more of a?focus?on uranium producers and less on nuclear energy producers.?