UUUU – Strong Bullish Call Flow

I started noticing some serious flow in UUUU (Energy Fuels Inc.) that made me take a closer look. The uranium space has been quietly heating up again, and this ticker has been on my radar before. What caught my eye this time was back-to-back aggressive call sweeps hitting the tape—first on the $29 strike 11/21/25 calls, then again on the $30 strike 12/19/25 calls. When you see that kind of follow-through on consecutive expirations, it usually means someone is loading up with conviction.

The Options Flow

Looking at the prints, it wasn’t small-lot noise. The $29 strike 11/21/25 calls saw multiple sweeps go off at or above the ask—some six-figure totals, with implied volatility pushing higher on each wave. The early prints around $1.15–$1.75 per contract built momentum through the session, and by the afternoon, the later sweeps were paying up to $2.05. That combination—rising price, rising IV, and steady buying pressure—shows aggressive accumulation rather than passive positioning. Smart money doesn’t chase like that unless they see something developing.

Source: blackboxstocks.com

The $30 strike 12/19/25 calls told a similar story. Several big sweeps hit in clusters, ranging from about $47K to $320K in notional value. That’s significant size for UUUU and suggests traders are expecting a breakout continuation and want to be early. You don’t often see flow that persistent across two expirations unless someone’s mapping out a longer-term move.

Source: blackboxstocks.com

Technical Setup

Technically, the 4-hour chart lines up well with that narrative. The stock just bounced off the white 89 EMA—my favorite intermediate support line—and has started curling back up. Price is reclaiming short-term moving averages, and volume is beginning to expand. The MACD histogram flipped green with the signal line turning higher, which adds confirmation that momentum might be shifting. If UUUU can hold above $21 and push through $23 with conviction, that would likely trigger a fresh leg higher toward the mid-20s. Below the 89 EMA, the bullish case weakens quickly, but right now, the setup looks constructive.

The Trade

Between the flow, the chart, and the broader tailwinds around uranium and U.S. energy security, I think this is a name worth watching closely. The bulls clearly have their foot on the gas, and the tape is backing it up. If we see continued buying into the same $29 and $30 strikes or new positions appear at higher levels, that would confirm that this wasn’t just a one-day pop in sentiment.

Full Disclosure: I have a personal position in the 29 calls.

Disclaimer: This post is for informational and educational purposes only. Nothing here should be considered financial advice or a recommendation to buy or sell any security. Always do your own research and trade based on your own risk tolerance and strategy.