The S&P 500 and Dow Jones closed at record highs despite the government shutdown. Unusual options activity saw 1,328 calls or puts with 65% calls and 35% puts. Energy Fuels was the focus with high Vol/OI ratios for call options. The $17 and $30 call LEAPS for Energy Fuels were analyzed for potential investment. Energy Fuels is a leading U.S.-based critical minerals company banking on U.S. government support for uranium mining. Despite Trump’s push for U.S. uranium dominance, the U.S. lags behind top producers like Canada and Kazakhstan. Energy Fuels faces challenges with declining revenue but anticipates improved uranium prices in 2026. The company expects to stockpile 1.44 million pounds of uranium concentrate, potentially generating $144 million in revenue if prices reach $100 per pound by the end of the year. Energy Fuels is projected to reach $355.9 million in revenue by 2027, with an estimated EBIT of $85.5 million. After an EBIT loss in 2024, the company aims for profitability by 2028. Options expiring in 841 days offer rational bets on its future. The $17 call is suggested for a better return on investment.

Read more at Yahoo Finance: Twin LEAPS Drive Unusually Active Options Play