Uranium to the moon, brah!
The Uranium bull market is officially upon us. Spot price/lb blew past the $60 mark needed for junoir mining projects to turn profitable and has recently spiked through 75/pound. My take profit targets all got hit early (I was expecting a seasonal spike and pullback), and I opened too many puts, too early. I will still be profitable, even if my October puts expire worthless, anf they very well may. I want to close them for the pocket change remaining in them, but October hasn't even started, and there may yet still be a seasonal downturn that has me stuck. I am too accustomed to the seasonal swing, and I don't really know what to do with this prolonged bull run. I still hold core share positions in most of my preferred uranium stocks, and I am still slowly opening and closing calls to ride the wave. But, since I (unknowingly) began trading at the exact market top at the end of 2021, I have only ever known bear market conditions and feel a bit lost as to what I ought to do my portfolio now (almost exclusively Uranium long, with put debit spreads on the general markets on other platforms).
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