에 대한 최신 뉴스 Cameco (NYSE:CCJ) 주식

Cameco

Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.

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옵션 코너: 주가 상승 및 하락에 베팅하지않고 카메코의 변동성에서 이익을 얻는 전략

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미국의 경쟁력은 2025년에 네 가지 주요 투자 테마인 에너지 독립, 방산 혁신, 인프라 및 자동화가 포트폴리오 성장을 강화할 태세를 갖추면서 중심 무대로 떠오른다. 스콧 헬프스타인(Scott Helfstein)이 이끄는 글로벌 X의 2025년 투자 전망은 이러한 변혁적인 트렌드를 향후 1년 동안의 회복력의 중요한 동력으로 강조하고 있다.

2025 투자 테마: 인공지능, 에너지 및 방산이 미국 시장을 재정의

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아크 인베스트의 창립자 캐시 우드가 회사의 리서치를 재공유한 이후 원자력 에너지 주식과 ETF가 다시 주목을 받고 있다. 해당 리서치는 규제 장애물과 반원자력 정서가 어떻게 비용 초과를 야기하고 오늘날 원자력이 천연가스보다 가격 경쟁력이 떨어지게 만들었는지에 관한 내용이다. 

캐시 우드, 규제 어려움 겪는 원자력 에너지 주식에 관심 표명: 오클로, 카메코, 센트러스 에너지 등

Cameco Corp

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Shares of oil and gas companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Uranium producer Cameco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) has encountered volatility in recent sessions thanks to opposing fundamental forces tugging on its shares. 
On one hand, the stunning rise of cryptocurrencies implies greater <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/36954312/power-hungry-bitcoin-and-other-cryptos-drained-as-much-power-with-mining-as-whole-of-austr">energy consumption</a> from blockchain mining. Cynically, this framework should be net positive for Cameco stock and the broader nuclear energy industry.
On the other hand, elements such as <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42473889/china-eyes-yuan-devaluation-to-counter-trumps-tariffs-will-it-work">geopolitical tensions</a> and an overall sense of <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42137929/2025-us-economy-outlook-cloudier-than-normal-jpmorgan-says-boom-bust-scenarios">economic uncertainty</a> have also applied downward pressure on Cameco and other uranium producers recently. 
Therefore, attempting to guess where the company&#8217;s stock may head next appears futile. Instead, it may be better to assume that wherever Cameco goes, it will do so with zest.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13152041/CCJ-stock-12132024-1024x585.jpg" alt="" class="wp-image-692148" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13152041/CCJ-stock-12132024-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13152041/CCJ-stock-12132024-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13152041/CCJ-stock-12132024-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13152041/CCJ-stock-12132024.jpg 1043w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Currently, the security's price chart shows a broadening formation, also known as a megaphone pattern. Essentially, the price action is charting both a series of higher highs on the upswings and lower lows on the downswing. 
This formation is notoriously difficult to trade as a directional play. However, the underlying rise in volatility offers an attractive opportunity for a long iron condor.
<h2 class="wp-block-heading">Focusing On Volatility Rather Than Direction</h2>
Structurally, the long iron condor is a combination of two vertical spreads: a bear put spread and a bull call spread. In the former strategy's case, the idea is to buy a put and simultaneously sell a put (of the same expiration date) at a lower strike price. Should the security drop below the short put strike price, the trader collects the full reward.
By logical deduction, the opposite applies for the latter strategy. The idea is to buy a call and simultaneously sell a call at a higher strike price. Should the security rise above the short call strike, the trader fully wins. Partial wins are also achieved for these individual vertical spreads if the security breaches the breakeven threshold.
Since the long iron condor combines the bear put and bull call spreads, traders don't care what direction the target security moves to. Rather, the focus is on the magnitude of movement. That's why traders who anticipate a rise in <a href="https://www.benzinga.com/money/what-implied-volatility-options-trading">implied volatility</a> often deploy a long iron condor. To put it simply, kinesis is this option strategy's best friend, while stasis is its enemy.
<h2 class="wp-block-heading">Hunting For The Right Condor</h2>
Since the long iron condor trader profits from rising volatility, all other things being equal, the "narrowest" condors would make the most sense. After all, such structures would easily allow the target security to rise above or fall below the outer strike prices. However, narrow long iron condors generally feature high positional risk (i.e. big money at risk for a small payout) in exchange for the high likelihood of profitability.
On the other side of the table, wider long iron condors tempt traders with typically low positional risk (i.e. less money at risk for a big payout) in exchange for the low likelihood of profitability. Such strategies tend to be speculation traps due to the improbability of making money.
Therefore, trying to find the balance between risk and reward is key with any multi-leg options strategy, especially the condor. That said, one possible idea to consider is the 52P &#x7C; 54P &#x7C;&#x7C; 58C &#x7C; 60C condor for the options chain expiring Dec. 27, 2024. This is how the trade breaks down individually:
<ul>
<li>Sell the $52 put.</li>
<li>Buy the $54 put.</li>
<li>Buy the $58 call.</li>
<li>Sell the $60 call.</li>
</ul>
Cameco stock, at last check, would need to rise roughly 10% to break above the $60 call strike. On the flipside, CCJ could also drop a little less than 5% to break below the $52 put strike. 
Given the security's wild undulations, either outcome is within the realm of possibility (and arguably within the realm of probability).
Further, because CCJ appears to be suffering a bearish bout, the downside target may be more achievable. However, if bullish momentum materializes, traders enjoy decent "coverage" to the upside as well.
Finally, even if traders don't like the 52P &#x7C; 54P &#x7C;&#x7C; 58C &#x7C; 60C condor expiring Dec. 27, the broadening pattern of CCJ stock suggests future volatility-based opportunities. So, keep close tabs on Cameco.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42490520/wall-street-retreats-as-treasuries-suffer-worst-week-in-over-a-year-broadcom-soars-bitcoin-rebounds-whats-driving-markets-friday">Wall Street Retreats As Treasuries Suffer Worst Week In Over A Year, Broadcom Soars, Bitcoin Rebounds: What&#8217;s Driving Markets Friday?</a></li>
</ul>
Image courtesy of Cameco

Options Corner: Profit From Cameco Volatility Without Picking A Side

Australia's main opposition has proposed a $211 billion taxpayer-funded nuclear power plan. If successful, the turn to nuclear power would be a historic event for one of the largest <a target="_blank" href="https://www.benzinga.com/markets/commodities" rel="noreferrer noopener">global commodity producers</a>.
"Nuclear power will underpin the economic success of our country for the next century. This will make electricity reliable. It will make it more consistent. It will make it cheaper for Australians, and it will help us decarbonize," Peter Dutton, leader of the center-right Liberal Party, said <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-12-13/australia-s-opposition-reveals-211-billion-nuclear-power-plan" rel="noreferrer noopener">per</a> Bloomberg's report.
The country's approach to climate change has been politically charged, contributing to the downfall of former Prime Minister Scott Morrison in 2022. Australia remains one of the largest per-capita polluters globally, and Dutton's proposal directly challenges the ruling Labor Party's renewables-only strategy.
He called Labor's plan costly, citing claims that a balanced energy mix, including nuclear, would save taxpayers and businesses $167 billion. Australia has no operational nuclear power plants, as the industry was banned in 1998 under the Environment Protection and Biodiversity Conservation Act.&nbsp;
Despite Australia's position as the world's fourth-largest producer and holder of <a target="_blank" href="https://minerals.org.au/about/mining-facts/mineral-uranium/" rel="noreferrer noopener">one-third of global reserves</a>, uranium mining remains banned in Western Australia and Queensland. These restrictions persist even as the Minerals Council of Australia <a target="_blank" href="https://www.benzinga.com/government/24/08/40182376/uranium-explorers-call-for-lifting-mining-ban-in-western-australia-target-1b-in-exports" rel="noreferrer noopener">advocates for lifting bans</a> to help meet global clean energy demand.
Currently, the active uranium mining operations exist at just 3 locations:
<ul>
<li>Olympic Dam – the largest known deposit in the world, owned by BHP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>)</li>
<li>Four Mile &#8211; a high-grade mine owned by Quasar Resources.</li>
<li>Ranger (Northern Territory) &#8211; controlled by Rio Tinto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>), but at the end of its lifespan.</li>
</ul>
Dutton's plan includes constructing seven nuclear power plants by 2050, with the first operational by 2036. If it goes through, it would be reasonable to expect the removal of mining restrictions, presenting opportunities for domestic and foreign uranium explorers. If Western Australia lifts the mining ban, operators like Toro Energy and Paladin Energy could pursue <a target="_blank" href="https://www.dmp.wa.gov.au/Uranium-1459.aspx" rel="noreferrer noopener">multiple regional projects</a>.
The largest publicly traded uranium producer, Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), owns the Yeelirrie project in the region, which it acquired from BHP in 2012.
Volatile energy costs in Australia have been an issue exaggerated by significant regional disparities. In October, The Guardian <a target="_blank" href="https://www.theguardian.com/australia-news/2024/oct/18/energy-prices-soar-after-volatile-wind-saw-heavier-gas-hydro-and-battery-use-australian-regulator-says" rel="noreferrer noopener">reported</a> a price of $114/MWh in Queensland compared to $201/MWh in South Australia, as high transmission costs can constitute 40% of an energy bill.
A network of strategically placed nuclear power plants would help solve this problem, reducing the cost of commodity production and further strengthening the Australian industry. As the 2025 general elections draw closer, nuclear power and uranium mining will likely become important topics down under.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42433867/lithium-producers-brace-for-prolonged-oversupply-stalled-prices" target="_blank" rel="noreferrer noopener">Lithium Producers Brace For Prolonged Oversupply, Stalled Prices</a></li>
</ul>
Photo by metamorworks via Shutterstock

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Australian Opposition Goes Nuclear, $211 Billion Plan Could Open Doors For Uranium Miners

<a href="https://www.bloomberg.com/news/articles/2024-12-12/canada-weighs-export-taxes-on-uranium-oil-if-trump-starts-trade-war?srnd=homepage-americas" title="https://www.bloomberg.com/news/articles/2024-12-12/canada-weighs-export-taxes-on-uranium-oil-if-trump-starts-trade-war?srnd=homepage-americas">https://www.bloomberg.com/news/articles/2024-12-12/canada-weighs-export-taxes-on-uranium-oil-if-trump-starts-trade-war?srnd=homepage-americas</a>

Macro Economic Events

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Themes ETF Trust Themes Uranium & Nuclear ETF

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Canada Weighs Export Taxes On Uranium, Oil If Trump Starts Trade War

U.S. competitiveness takes center stage in 2025 with four key investment themes—energy independence, defense innovation, infrastructure, and automation—poised to bolster portfolio growth. Global X's 2025 Investment Outlook, led by Scott Helfstein, highlights these transformative trends as critical drivers of resilience <a href="https://www.benzinga.com/topic/us-economy">in the coming year.</a>
<h2 class="wp-block-heading">Infrastructure Gets A Glow-Up</h2>
America&#8217;s infrastructure renaissance is going full throttle, with $700 billion in spending set to energize construction, equipment, and materials companies. This may bode well for investors in the Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>).
These stalwarts of the old economy are reinventing themselves with cutting-edge tech to expand margins—all while trading at attractive valuations compared to the broader S&amp;P 500.
<h2 class="wp-block-heading">The Defense Play: Beyond Jets &amp; Ships</h2>
Global tensions are driving a pivot from traditional defense platforms to high-tech solutions like AI-driven drones and cybersecurity systems. 
Palantir Technologies Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) Artificial Intelligence Platform and International Business Machines Corp&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) WatsonX AI come to mind here.
Defense revenues are expected to jump nearly 10%, with margins climbing from 5.2% to 7.6%. Success will favor those adopting automation and next-generation technologies in this competitive landscape.
Read Also: <a href="https://www.benzinga.com/news/small-cap/24/12/42438879/manufacturing-tariffs-small-cap-could-steal-the-show-in-2025">Manufacturing Comeback? Strategist Expects Tariffs To Help Small-Cap Stocks But Weigh On Consumers</a>
<h2 class="wp-block-heading">Automation &amp; Onshoring: A Tech Revolution</h2>
With the U.S. accelerating its onshoring efforts, automation and AI are emerging as the driving forces powering the shift.
Software companies and data centers are prepping for a revenue surge, with mega-cap tech upping its spending on data centers to $250 billion in 2025. 
Robotics and IoT hardware could also rebound from a sales plateau, making the automation sector one to watch. Companies enabling robotics and automation such as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), ABB (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ABBNY#OTC">ABBNY</a>), Rockwell Automation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>), Zebra Technologies&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>), Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) and UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) come to mind.
<h2 class="wp-block-heading">Energy Independence Goes Nuclear</h2>
Energy's next frontier? Nuclear. With mega-cap tech giants eyeing modular nuclear reactors as a green and reliable power source, demand for uranium is heating up. Beyond the U.S., countries like Japan and Germany are also jumping on the nuclear bandwagon, signaling a global shift toward energy resilience.
U.S. companies such as Constellation Energy&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Cameco&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) and NuScale Power&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) come to mind.
Helfstein's roadmap suggests a year of targeted strategies. By aligning portfolios with these U.S.-centric themes, investors might not just weather volatility—they could thrive in the chaos.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/24/12/42437267/berkshire-palantir-etfs-add-high-octane-trading-options-with-direxions-launch">Berkshire, Palantir ETFs Add High-Octane Trading Options With Direxion&#8217;s Launch</a></li>
</ul>
Photo: Shutterstock

2025 Investment Themes: AI, Energy, Defense Redefine US Markets

Macro Notification

Iran Has Stated That "Henceforth" It Intends To Feed Uranium Enriched Up To 20% Rather Than The Current 5% Into The Two Interconnected IR-6 Centrifuge Cascades At Fordow, Enriching To Up To 60% Purity

<a href="https://www.axios.com/2024/12/03/meta-facebook-nuclear-power-ai-data-centers">https://www.axios.com/2024/12/03/meta-facebook-nuclear-power-ai-data-centers</a>
&nbsp;
Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them.
Why it matters: Meta is joining Amazon, Google and other tech giants in turning to nuclear generation to fuel energy-thirsty AI data centers with zero-carbon electrons.
Driving the news: The company <a href="https://sustainability.atmeta.com/blog/2024/12/03/accelerating-the-next-wave-of-nuclear-to-power-ai-innovation/">just announced</a> a "request for proposals" that targets a large pipeline — one to four gigawatts — of new generation.
<ul>
<li>It's seeking partners that can "help accelerate the availability of new nuclear generators and create sufficient scale to achieve material cost reductions by deploying multiple units," an RFP summary states.</li>
</ul>
The intrigue: While some tech players have unveiled nuclear deals with <a href="https://www.axios.com/2024/10/14/google-nuclear-deal-power-ai">specific</a> <a href="https://www.axios.com/2024/10/16/amazon-invests-small-modular-nuclear">startups</a>, Meta is casting a wide net for now.
<ul>
<li>Meta's open to many ideas on the size and type of reactors, the locations and more, Urvi Parekh, Meta's head of global energy, said in an interview.</li>
<li>The company is hunting for parties "who are going to be there from the beginning to the end of a project" — that is, everything from finding real estate to permitting to design, construction finance, operation and more.</li>
</ul>
"We want to partner with those people today so that they can have the certainty that we're going to be there and that we can work with them to try to optimize this cycle, to make it scale faster," she said.
<ul>
<li>Meta is being "geographically agnostic," because places where reactors can be deployed the fastest may not tie into specific data center sites, she said.</li>
</ul>
The big picture: Meta is open to cost-sharing early in the development cycle, in addition to purchasing power when projects are online, Parekh said.
&nbsp;
<ul>
<li>"We want to be really open to creative solutions," she said.</li>
<li>Parekh noted that the project pipeline they're seeking to build is very large. Meta is hopeful that their approach can help overcome industry "hesitancy" to deploy capital needed for that much development.</li>
</ul>
Catch up quick: Meta has long invested in renewable power projects.
<ul>
<li>While nuclear is more heavily regulated and capital-intensive, she sees parallels to their corporate renewables contracting that began over a decade ago.</li>
<li>"There were a lot of steps in that process, and there was a lot of need for certainty that there would be someone to buy the electricity on the other side," Parekh said.</li>
</ul>
What's next: Meta is seeking initial responses by Feb. 7.

"Meta Joins The Nuclear-Powered AI Fray; Facebook Parent Meta Is Seeking Developers That Can Bring Nuclear Reactors Online Starting In The Early 2030s To Support Data Centers And Communities Around Them" - Axios

FANG

Shares of oil and gas companies are trading lower following reports suggesting an Israel-Hezbollah ceasefire.

Deep-pocketed investors have adopted a bearish approach towards Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCJ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Cameco. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 50% bearish. Among these notable options, 5 are puts, totaling $163,852, and 3 are calls, amounting to $121,930.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $70.0 for Cameco, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Cameco stands at 1011.14, with a total volume reaching 1,116.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cameco, situated within the strike price corridor from $50.0 to $70.0, throughout the last 30 days.
<h3>Cameco Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732294297_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.2</td>
<td>$7.05</td>
<td>$7.05</td>
<td>$65.00</td>
<td>$59.2K</td>
<td>1.1K</td>
<td align="right">99</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$7.75</td>
<td>$7.6</td>
<td>$7.75</td>
<td>$55.00</td>
<td>$39.5K</td>
<td>144</td>
<td align="right">54</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.59</td>
<td>$2.43</td>
<td>$2.47</td>
<td>$61.00</td>
<td>$37.1K</td>
<td>180</td>
<td align="right">164</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$12.15</td>
<td>$11.15</td>
<td>$11.9</td>
<td>$70.00</td>
<td>$35.6K</td>
<td>16</td>
<td align="right">31</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$1.65</td>
<td>$1.62</td>
<td>$1.62</td>
<td>$60.00</td>
<td>$32.4K</td>
<td>483</td>
<td align="right">478</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
In light of the recent options history for Cameco, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Cameco Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,446,780, with CCJ's price down by -2.39%, positioned at $59.48.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 76 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Cameco's Options: A Look at What the Big Money is Thinking

Cameco shares are trading higher after RBC Capital maintained an Outperform rating on the stock and raised its price target from C$75 to C$90.

RBC Capital analyst Andrew Wong maintains Cameco (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CCO#TSX">CCO</a>) with a Outperform and raises the price target from C$75 to C$90.

Price Target

TSX:CCO

RBC Capital Maintains Outperform on Cameco, Raises Price Target to C$90

Deep-pocketed investors have adopted a bullish approach towards Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCJ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Cameco. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 77% leaning bullish and 18% bearish. Among these notable options, 2 are puts, totaling $529,500, and 20 are calls, amounting to $1,480,442.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $70.0 for Cameco during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Cameco stands at 8976.08, with a total volume reaching 33,251.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cameco, situated within the strike price corridor from $20.0 to $70.0, throughout the last 30 days.
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732048226_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.76</td>
<td>$2.72</td>
<td>$2.73</td>
<td>$55.00</td>
<td>$409.5K</td>
<td>3.4K</td>
<td>1.5K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.7</td>
<td>$4.6</td>
<td>$4.63</td>
<td>$55.00</td>
<td>$209.7K</td>
<td>13.0K</td>
<td>1.4K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.38</td>
<td>$0.34</td>
<td>$0.34</td>
<td>$70.00</td>
<td>$195.3K</td>
<td>4.8K</td>
<td>5.7K</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$0.3</td>
<td>$0.15</td>
<td>$0.24</td>
<td>$53.00</td>
<td>$120.0K</td>
<td>5.4K</td>
<td>5.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.26</td>
<td>$2.24</td>
<td>$2.25</td>
<td>$60.00</td>
<td>$109.8K</td>
<td>38.3K</td>
<td>4.2K</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
<h3>Where Is Cameco Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 3,893,171, with CCJ's price up by 2.33%, positioned at $57.2.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 79 days.</li>
</ul>
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Check Out What Whales Are Doing With CCJ

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Eli Lilly (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) is a buy. &#8220;This stock is as hated now as it was loved not that <a href="https://www.benzinga.com/markets/equities/24/11/42039286/eli-lillys-zepbound-mounjaro-shows-cardiovascular-benefits-in-patients-with-obesity-related-heart-failure">long ago,&#8221; he added</a>.
Eli Lilly on Monday said Muvalaplin met secondary endpoints for <a href="https://www.benzinga.com/pressreleases/24/11/n42047055/lillys-muvalaplin-lowered-lipoprotein-a-levels-in-adults-with-high-risk-for-cardiovascular-events-">all three tested doses.</a>
Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) is a &#8220;winner,&#8221; Cramer said.
On Monday, Needham analyst John Todaro maintained Coinbase with a Buy and raised the price target from $290 to $375.
Cramer said IES Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IESC#NASDAQ">IESC</a>) is a &#8220;terrific&#8221; infrastructure play.
IES Holdings will release fiscal 2024 fourth quarter and year-end results before the opening bell on Friday, Nov. 22.
&#8220;I do think that Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) is just a traditional kind of semiconductor company,&#8221; Cramer said. He added that he prefers Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) to that one.
Semtech will release the financial results of its third quarter of fiscal year 2025 after the closing bell on Monday, Nov. 25.
&#8220;It is an incredibly expensive stock versus the rest of the market,&#8221; Cramer said when asked about Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>). &#8220;I am a ‘ka-ching ka-ching' when it comes to Cameco.&#8221;
On Nov. 7, Cameco raised its FY24 revenue guidance.
The &#8220;Mad Money&#8221; host said he likes Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
Marvell Technology will release its third-quarter fiscal year 2025 financial results on Tuesday, Dec. 3, followed by a conference call to discuss the results.
Cramer said own Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and not trade it. &#8220;I would wait for a dip because the bears are all over it every minute of the day. Keep that in mind, and then pull the trigger,&#8221; he added.
A consumer group called &#8220;Which?&#8221; recently filed a £3 billion ($3.81 billion) legal claim against Apple, accusing the tech giant of breaching UK competition law <a href="https://www.benzinga.com/news/global/24/11/41964915/apple-faces-legal-action-over-rip-off-icloud-charges-could-pay-out-38b-to-uk-customers">through its iCloud service</a>.
Price Action:
<ul>
<li>Eli Lilly shares fell 2.6% to settle at $727.20 on Monday.</li>
<li>Apple shares gained 1.3% to close at $228.02.</li>
<li>Coinbase shares gained 6.4% to close at $325.41.</li>
<li>IES shares climbed 2.6% to settle at $264.67 during the session.</li>
<li>Semtech shares gained 3.9% to close at $45.84 on Monday.</li>
<li>Cameco shares gained 4.3% to settle at $55.90 during the session.</li>
<li>Marvell shares gained 1% to close at $88.71 on Monday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42035732/jim-cramer-super-group-basic-materials-stock-is-very-hard-to-own-here">Jim Cramer: Super Group Finally &#8216;Broke Out,&#8217; This Basic Materials Stock Is &#8216;Very Hard To Own Here&#8217;</a></li>
</ul>
Photo: Shutterstock

AAPL

COIN

IESC

MRVL

SMTC

Jim Cramer: Coinbase Is A 'Winner,' Suggests Buying This 'Hated' Big Pharma Stock

Credit Suisse AG - Credit Suisse X-Links Crude Oil Shares Covered Call ETN

USOI

Iran Agrees To Stop Producing Near Bomb-Grade Uranium; IAEA Reports Iran's Enriched Uranium Stockpile Grows to 6,604.4 KG; Discusses Stopping Further Expansion of 60% Enrichment Beyond 185 KG Amid Conditional Agreement on Additional IAEA Inspectors

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/11/15/final-trade-west-pharma-cameco-ishares-biotechnology-etf-and-applied-digital-corp.html">Halftime Report Final Trades</a>,&#8221; Tim Seymour of Seymour Asset Management picked Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).
On Nov. 7, Cameco posted a loss for the third quarter but raised its FY24 revenue guidance.
Julie Biel of Kayne Anderson Rudnick named West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>), saying this health care <a href="https://www.benzinga.com/quote/WST/earnings">trade is &#8220;overblown.&#8221;</a>
On Oct. 24, West Pharmaceutical Services reported adjusted EPS of $1.85, down from $2.16 a year ago, beating the consensus of $1.50. The designer and manufacturer of injectable pharmaceutical packaging and delivery systems reported sales of $746.9 million, beating the consensus of $709.62 million.
Don't forget to check out ou <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Karen Finerman of Metropolitan Capital Advisors said she likes iShares Biotechnology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBB#NYSE">IBB</a>) here.
Steven Grasso of Grasso Global Inc. named Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) as his final trade.
Nvidia's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) 13F fling, last week, showed it purchased 7.72 million Applied Digital shares worth $63.66 million as of Sept. 30, which translates into close to a 3.6% stake in Applied Digital, which had 215.36 million <a href="https://www.benzinga.com/news/24/11/42016662/nvidia-reveals-3-6-stake-in-applied-digital-stock-soars">outstanding shares as of Oct. 8,</a>
Price Action:
<ul>
<li>West Pharmaceutical shares dipped 7% to close at $314.49 on Friday.</li>
<li>Cameco shares gained by 0.9% to settle at $53.59 during Friday's session.</li>
<li>iShares Biotechnology ETF fell by 4.8% during Friday's session.</li>
<li>Applied Digital shares gained 5.4% to settle at $7.23.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/markets/24/11/42024062/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a></li>
</ul>
Image: Courtesy of Cameco

APLD

Cameco, Applied Digital, West Pharmaceutical And More On CNBC's 'Final Trades'

Nuclear energy stocks and ETFs have come to the fore as ARK Invest&#8217;s founder Cathie Wood <a href="https://www.ark-invest.com/articles/analyst-research/nuclear-energy-could-contribute-meaningfully-to-securing-net-zero-emissions">reshared the firm&#8217;s study </a>on how regulatory hurdles and anti-nuclear sentiment have caused cost overruns and rendered nuclear energy less cost-competitive than natural gas today.
This comes as Tesla Inc. and SpaceX CEO Elon Musk is all set to co-lead the Department of Government Efficiency (DOGE) along with Republican politician Vivek Ramaswamy. As the task force promises to dismantle bureaucracy, reduce regulations, and cut wasteful expenditures, ARKinvest tried to redirect DOGE&#8217;s official page on X (formerly Twitter) to focus on the regulatory hurdles that nuclear energy as a sector has faced in the last 20 years.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Resurfacing this chart amid all the <a href="https://twitter.com/DOGE?ref_src=twsrc%5Etfw">@DOGE</a> talk. U.S. nuclear construction costs declined in accordance with Wright's Law before being derailed by regulatory changes in the 1970s&#8230; Blog and sources: <a href="https://t.co/S2o84BkdA3">https://t.co/S2o84BkdA3</a> <a href="https://t.co/kES3g5Ph80">https://t.co/kES3g5Ph80</a> <a href="https://t.co/VBb6puiP5R">pic.twitter.com/VBb6puiP5R</a>
&mdash; Daniel Maguire (@DMaguireARK) <a href="https://twitter.com/DMaguireARK/status/1857163799037448601?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
What Happened: &#8220;The International Energy Agency has identified nuclear energy as vital to achieving net zero emissions by 2050, yet nuclear power in the United States has stagnated at ~20% of the energy mix since the Chernobyl disaster in 1986,&#8221; said an ARKInvest note based on data from IEA as of October 2023.
In addition to its cost-effectiveness, nuclear power provides a reliable, continuous, and carbon-free supply of energy. These are important now since an explosion in demand for artificial intelligence is taxing the electricity consumption of data centers.
Also read: <a href="https://www.benzinga.com/politics/24/11/41962372/trumps-doge-with-musk-at-the-helm-riddled-with-conflicts-of-interest-says-clinton-era-official-robert-reich">Trump&#8217;s DOGE With Musk At The Helm &#8216;Riddled With Conflicts Of Interest&#8217; Says, Clinton-Era Official Robert Reich</a>
Daniel Maguire, research associate at ARKInvest stated in his report dated April 2024 that stringent regulatory changes and anti-nuclear sentiment have stunted the build-out of nuclear capacity and caused cost overruns in developing US nuclear plants.
Regulatory changes in the mid-to-late seventies, including the establishment of the Nuclear Regulatory Commission and the Energy Research and Development Administration, introduced stricter licensing measures, increasing costs significantly. Without such stringent regulations, ARKInvest&#8217;s research suggests that lower cost trajectories could have saved the US about $345 billion, or ~72% of the total.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="754" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014702/Nuclear-plan-costs-1024x754.png" alt="" class="wp-image-652244" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014702/Nuclear-plan-costs-1024x754.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014702/Nuclear-plan-costs-300x221.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014702/Nuclear-plan-costs-768x566.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014702/Nuclear-plan-costs.png 1466w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Why It Matters: With the introduction of the U.S. Advanced Reactor Demonstration Project and other emerging government support programs, nuclear cost overruns should reverse course as countries look for robust clean energy solutions to meet their net carbon emissions reduction commitments.
Maguire&#8217;s tweet shared by Wood, tagged the Department of Government Efficiency, to bring this to light. The department is scheduled to complete its work by July 4, 2026, coinciding with America's 250th independence anniversary. Focus on this area could help spur activity in the nuclear energy sector by developing clean, carbon-free energy production avenues at lower costs.
Also read: <a href="https://www.benzinga.com/government/regulations/24/11/42006530/tesla-ceo-and-doge-co-lead-elon-musk-says-excess-government-spending-causes-inflation-heres-what-experts-say">Tesla CEO And DOGE Co-Lead Elon Musk Says &#8216;Excess Government Spending&#8217; Causes Inflation: Here&#8217;s What Experts Say</a>
Price Action: Despite long-running regulatory hurdles and higher costs, nuclear energy stocks have performed well on a year-to-date basis. Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), Cameco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), Centrus Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>), NuScale Power Corp (SMR) and VanEck Uranium and Nuclear ETF (ACRA: NLR) have all outperformed NYSE composite on a year-to-date basis, which only rose by 16.65%.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="775" height="289" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014729/stock-list.png" alt="" class="wp-image-652245" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014729/stock-list.png 775w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014729/stock-list-300x112.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014729/stock-list-768x286.png 768w" sizes="(max-width: 775px) 100vw, 775px" /></figure>
The five-year charts as per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, show that Centrus Energy Corp shares have been volatile, whereas NuScale Power Corp has achieved consistent returns.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="271" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks-1024x271.png" alt="" class="wp-image-652246" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks-1024x271.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks-300x79.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks-768x203.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks-1536x406.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18014753/nuclear-stocks.png 1741w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read next: <a href="https://www.benzinga.com/markets/24/11/42017638/activist-hedge-fund-valueact-boosts-meta-stake-with-121m-bet-but-ceo-morfit-supports-mark-zuckerberg">Activist Hedge Fund ValueAct Boosts Meta Stake With $121M Bet, But CEO Morfit Supports Mark Zuckerberg&#8217;s AI Vision: Here&#8217;s What Investors Should Know</a>
Image Via Shutterstock

Cathie Wood Redirects Elon Musk's DOGE Focus Toward Nuclear Energy Amid Regulatory Challenges: Here's How Oklo, Cameco, Centrus Energy And Other Stocks Performed

Shares of uranium stocks are trading higher following a report suggesting Russia has imposed temporary restrictions on the export of enriched uranium to the US.

Russia Has Imposed Temporary Restrictions On The Export Of Enriched Uranium To The U.S.; Russian Government Says Exception Is For Supplies Under One-Off Licences Issued By Federal Service For Technical And Export Control

Following the election of Donald J. Trump to a second non-consecutive term, global capital markets have generally responded well to the news. However, one of the strongest beneficiaries of this electoral boost has been the cryptocurrency sector. With the total valuation of the digital asset ecosystem recently eclipsing the $3 trillion mark, investors clearly embrace the incoming Trump administration's potentially favorable policies.
Indeed, some blockchain advocates have declared that Trump's victory will represent a "<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41867357/trump-victory-signals-golden-era-for-us-crypto-says-binance-ceo-as-bitcoin-tops-77k-for-first-time">golden era</a>" for virtual currencies. Those bullish on the sector are predicting the arrival of new federal regulators that are open to cryptocurrencies, according to a report by the Financial Times. Plus, these decentralized assets could converge with favorable macroeconomic conditions, leading to a possible blockchain renaissance.
At the same time, demand continues to skyrocket for artificial intelligence. Multiple top-tier companies – including Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) – are all<a href="https://www.benzinga.com/news/24/10/41357341/as-nvidia-apple-and-microsoft-race-towards-4-trillion-valuation-generative-ai-startups-reportedly-dr"> racing toward a $4 trillion valuation</a>. What's more, experts project that generative AI can have a $1 trillion impact just on the U.S. economy.
However, the underlying motif behind these and other digital innovations is energy: crypto mining and generative AI protocols consume a lot of it. As a result, it may not be possible for government agencies to have a discussion about leadership in these critical areas without mentioning nuclear power. It's no shock, then, that<a href="https://www.benzinga.com/news/24/07/40044763/uranium-prices-surge-to-16-year-highs-due-to-supply-uncertainties-rising-demand-for-ai-data-centers"> uranium prices have been moving higher</a> over the last several months due to supply concerns and blistering demand.
The Direxion ETF: Should the trajectory continue unabated, traders who don't mind absorbing higher risk for potentially robust rewards may consider the Direxion Daily Uranium Industry Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URAA#NYSE">URAA</a>). A leveraged exchange-traded fund for the true optimist, URAA seeks the daily investment results of 200% of the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index.
One of the main advantages of this ETF is convenience. Unlike a complex, multi-leg options trade, investors can simply buy units of URAA, much like they would securities of a publicly traded company. Second, the fund features a basket of diverse companies. While the powerhouse Cameco Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) tops the list, the ETF also includes less accessible entities, such as Kazakhstan's national operator Kazatomprom.
Of course, every opportunity in the market carries risks. For URAA, the 2X leverage makes the ETF wildly choppy. In addition, investors must avoid exposure lasting longer than one day. Holding URAA for longer than recommended may expose the trader to valuation decay due to the daily compounding of volatility.
The URAA Chart: Since its debut in late June of this year, Direxion's leveraged uranium fund has declined by more than 10%. However, fundamental demand for the energy source will likely be a talking point among investors.
<ul>
<li>Since hitting a closing high of $29.60 on Oct. 18, the URAA ETF has noticeably declined in market value, presenting some concerns for prospective speculators.</li>
<li>At the same time, the $22 technical support line appears to be holding well. Since the end of September, the bears have attempted to drive the price tag down to this point but have so far failed.</li>
<li>The midweek session saw a significant decline of 4% to $22.82. However, the bulls will be hoping for a turnaround given the aforementioned strength of the $22 support line.</li>
</ul>
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1020" height="568" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image.jpeg" alt="" class="wp-image-647744" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image.jpeg 1020w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image-300x167.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14065652/image-768x428.jpeg 768w" sizes="(max-width: 1020px) 100vw, 1020px" /></figure>
Featured photo by <a href="https://pixabay.com/users/distelapparath-2726923/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=4535761">Markus Distelrath</a> on <a href="https://pixabay.com/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=4535761">Pixabay</a>.

Short Ideas

Technicals

URAA

Crypto Surge And AI Demand Highlight Potential Opportunity In Direxion's 2X Uranium ETF

<a href="https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power" title="https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power">https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power</a>
<a href="https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power" title="https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power">https://www.axios.com/2024/11/12/biden-moves-to-boost-nuclear-power</a>

LTBR

Reported Earlier: 'White House plan would provide huge boost for nuclear power' -Axios

Canada mining group urges trade cooperation with U.S. following China curbs

Goehring & Rozencwajg Q3 2024 Natural Resource Market Commentary

Market Feels Frothy - Ride It While We Can But Be Ready To Get Out!

Cameco Corporation ($CCJ), a nuclear fuel solutions company, stands to gain as Meta Platforms, Inc. ($META) and other big tech giants turn to nucle...

Cameco Stands to Gain as Meta and Big Tech Turn to Nuclear Power

NexGen Energy's Offtake Agreement: A De-Risking Event, A Confirmation Of The Uranium Bull Market

Tariffs, Stimulus And Other Potential Catalysts For Mining In 2025

Now is a great time to target investments that are involved in the most important material for nuclear energy: uranium. I've already come across a number of intriguing options. Here are three of my favorites.

3 Ways To Play Uranium And Nuclear Energy

Cameco: Uranium Plateaued, Russia Un-Sanction Risk (Rating Downgrade)

Thanks to the rise of cryptocurrencies, uranium specialist Cameco ($CCJ) offers an enticing long-term bullish opportunity. After all, blockchain mi...

Use a Long Iron Condor to Potentially Profit from Cameco's (CCJ) Chaos

URNJ: A Great Value Opportunity

AAAU

AMZN

BCIM

BWXT

COPJ

COPX

CORN

CPER

DJIA

DXYZ

GDXJ

GLDM

GLTR

GOAU

GOEX

GOLD

GOOG

GOOGL

GUYGF

HGMCF

IAUM

INOD

JJCTF

JJMTF

MSFT

NATKY

ORCL

OUNZ

PALL

PICK

PLTM

PPLT

PSLV

REMX

RING

SCCO

SGDJ

SGDM

SGOL

SHOP

SILJ

SIVR

SLVP

SOYB

SPPP

SRUUF

TECK

UECXF

URNJ

URNM

VLKAF

VLKPF

VWAGY

VWAPY

WEAT

YLLXF

Screenshot 2024-11-26 at 6.31.26 PM

Amazon, Google And Microsoft Bet Big On Nuclear: AI&#39;s Growing Energy Demands Fuel New Projects

Screenshot 2024-02-20 at 6.29.01 PM

Movers & Shakers

SNNAF

Biden Gets Scrutinized For Excessive Reliance On Russian Uranium – Sienna Resources (OTCMKTS: SNNAF) Could Present An Alternative

Press Releases

SaskPower, Westinghouse and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential

Cameco Releases 2023 Sustainability Report

Global Uranium Mining Market Expected to Reach $11.38 Billion By 2030 as Dependency on Nuclear Power Increases

Is This Company the Next Big Find for Fans of Highflyer Ramp Metals?

Cameco reports Q2 results: 2024 outlook on track; strong operational performance; financial results reflect transition to tier-one economics; durable demand outlook driving long-term price increases; disciplined strategy capturing long-term value

Cameco Named to TSX30 for 2024

Cameco Reports Q3 Results; Improving Operational Performance Supports Dividend Growth; Strengthening Prospects Amid Growing Demand for Nuclear Power; Long-Term Contracting Activity Gaining Momentum; Strong Annual Outlook; Cameco Well-Positioned

Cameco Reports Document Filings

Opinion

This Little-Known Metal Just Exploded 200%, Here are 2 Ways To Play It

Amazon, Google And Microsoft Bet Big On Nuclear: AI's Growing Energy Demands Fuel New Projects

Comments

Cameco

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