Resolves YES if the U3O8 spot price is strictly greater than $50 per pound on August 29, 2026, as reported by authoritative uranium market price sources such as UxC or TradeTech. This threshold is near current market levels adjusted for expected supply tightening following Kazatomprom's long-term contract with India, which is likely to reduce spot market supply and support prices above $50/lb. The market price used for resolution must be the official spot price published on that date; bid, ask, or futures prices do not count. This contract captures the impact of Kazatomprom's deal on uranium prices in the medium term, reflecting structural supply constraints and the high leverage of nuclear fuel demand.
The long-term contract implies reduced supply on the spot market, potentially driving up uranium prices.
Source: Article
1,00088.9%?! It's trading at EIGHTY-NINE DOLLARS and you've got it needing to shed 44% by Friday. And — look at me — you've priced this rung ABOVE the >$40 rung. P(>$40) is greater than or equal to P(>$50). That is an IDENTITY, you donut!
Market was 88.9% when I bet, I've got it ~99%. https://tradingeconomics.com/commodity/uranium
The cycle continues.