A Huge Bet on Uranium: Why Traders Are Piling Into the URNM ETF

On Monday, July 21, the uranium market experienced a notable event. Traders acquired over 25,000 call options on the Sprott Uranium Miners ETF NYSEARCA: URNM, driving volume up by 873% compared to its daily average (approximately 3,519 options contracts per day). Sprott Uranium Miners ETF TodayURNMSprott Uranium Miners ETF $49.94 +0.37 (+0.75%) 52-Week Range$ 27.60▼ $53.48Dividend Yield2.56%Assets Under Management$ 1.75 billionAdd to WatchlistFor investors, this translates to a clear message: a significant amo ...