Looking at the UROY Uranium Royalty Corp options chain ahead of earnings , i would buy the $2.5 strike price Calls with
2023-1-20 expiration date for about
$0.22 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
URCCF is looking very strong. Price range is above 50DMA and above Ichimoku cloud. All trends line pointing upward. My o nly concern is that lagging span is touching the candle sticks, probably due to market slow down. If it continues that way the price might drop. However, when market resumes its uptrend and spot price goes up this stock should clear $3 range very quick.
