Shares of Cameco Corp. is trading even today at 20.19. ?CCJ is trading in the middle of the 52 week range.
Today paper traded 31425 CCJ Jan 2015 25 calls at .65 and 38906 CCJ Jan 2016 30 calls for 1.05. ?The ADV is 5429 contracts.? The OI is 12086 contracts.
The volume went up in 3 giant blocks.? Calls on the Jan 2014 25s were a sell to close with the volume buying up the 2016s.? A customer is keeping a bullish play going out to 2016.? This is a home run type of trade.
30-day implied volatility is 28%.?? 10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Cameco Corporation (Cameco) is engaged in the exploration for and the development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries.?