re: Uranium>Silver

quote:

---

in general, what term and how far out of the money are you putting your CCs?

---

I’ve gone as high as 40 delta and as long as 45 days to expiration. But it usually depends on the implied vol. present in the market and in the ETF. My latest batch expires on 9/8 on a 24.5 strike. Very possible that position might (finally) be going away.

If I get back into uranium, I’ll likely do it with a different ticker.