Trade Alert – (CCJ) – EXPIRATION AT MAX PROFIT

EXPIRATION of the Cameco (CCJ) January 2026 $40-$42 deep out-of-the-money vertical Bull Call spread LEAPS at $2.00

 

Closing Trade

1-26-2026

expiration date: January 23, 2026

Number of Contracts = 1 contract

I am closing out yet another LEAPS at maximum profit, with the shares rising a ballistic 286% since I issued this trade alert 16 months ago. I issued this alert at $0.75, and they just expired at maximum profit at $2.00.

As a result, investors got to take home $125 per contract or 167% in 16 months for each spread they bought. Well done, and on to the next trade.

You don’t have to do anything with this expiration.

Your broker automatically uses your long position to cover your short position, canceling out the total holdings.

The entire profit must have been credited to your account by Monday morning, January 26, and the margin freed up.

Some firms charge you a modest $10 or $15 fee for performing this service. The flight of money right now is from small, undercapitalized, and questionable to large, overcapitalized, and rock-solid balance sheets.

If you don’t do options, buy the stock. My target for (CCJ) in 2026 is $80, up 120%.

How would you like to buy a stock that is a call option on:

*A recovery of the US economy
*A recovery of the Chinese economy
*The expansion of the electrical grid
*The conversion to clean energy
*The next generation of new energy technology.

Then that would be Cameco.

Cameco Corporation (formerly Canadian Mining and Energy Corporation) is the world’s largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. It is the world’s second-largest uranium producer, accounting for 11.61% of world production.

My hedge fund buddies are piling into this stock because the nuclear renaissance is just getting started. The electrification of our energy sources is creating immense demand for new electric power sources. China alone plans to build 115 new nuclear power plants, putting new upward pressure on fuel supplies. Also, the world’s largest producer, KazAtomProm in Kazakhstan, just announced an 11% cutback in production because of processing shortages (click here).

Nuclear power is also viewed as a backup for new alternative sources for the days when the sun doesn’t shine, and the wind doesn’t blow. Western countries also need to replace Russian supplies of uranium in compliance with sanctions. Even California has moved to extend the life of its sole remaining nuclear power plant at Diablo Canyon by five years (San Onofre and Rio Seco were closed years ago).

Cameco is one of the largest global providers of uranium fuel. Utilities around the world rely on its products to generate safe, reliable, emissions-free nuclear power. The company is meeting the ever-increasing demand for clean, baseload electricity while delivering energy solutions to support the world’s net-zero goals. It doesn’t need wind or the sun to generate nuclear power.

This was a bet that Cameco (CCJ) would not fall below $42 by the January 23, 2026, option expiration in 16 months.

Keep in mind that Cameco is one of the most volatile stocks in the market, with an implied volatility in the options of 44%. That means that after a big drop, you should see a bigger rise. You don’t have to buy it today. A greater selloff would be ideal. But it should be at the core of any long-term LEAPS portfolio, and it is selling at bargain prices.

To learn more about the company, please visit their website at https://www.cameco.com/about

Here is the specific accounting you need to close out this position:

EXPIRATION of 1 January 2026 (CCJ) $40 calls at………….……$94.09

EXPIRATION of short 1 January 2026 (CCJ) $42 calls at……….$92.09

Net Proceeds:…….…………….………..………….…………………………..$2.00

Profit: $2.00 – $0.75 = $1.25

(1 X 100 X $1.25) = $125 or 167% in 16 months.