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Sunday, May 06, 2007

Uranium Futures

The Trading session for Uranium Futures has begun, but.....

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Trading in Uranium Futures has IPO'd, so to speak.
The symbol is UXM7 (base symbol is UX, the contract is for June07 settlement).
As of 1014pm, the latest bid/ask is 1@13200.00/5@14475.00.
However, note that not 1 contract has traded yet.

This obviously bears more monitoring. I'm not sure what to make of this until I see some actual trades take place.

1 comment:

john said...

i'm not sure how accurate it is, but its probably close based upon what u said at wallstreak

qcharts is showing six contracts traded

i see where two contracts traded at $135 and another one traded at $140...whew!