Oops, almost forgot:

CCJ is back in play at $15 and I like the fact that they settled with their union and that Japan is getting around to restarting reactors and that China and India are building new ones like crazy:

Workers at Cameco Fuel Manufacturing Inc. Accept Contract Offer

Asia’s $800 Billion Nuclear Splurge to Unlock Uranium Motherlode

Uranium producer Cameco sees 5 pct rise in 2015 revenue

Using the premise that we wouldn't mind owning 1,000 shares in the LTP for $13,000 (14% off the current price), we can sell 10 2017 $13 puts for $1.80 in the LTP and consider that free money ($1,800) and put it towards the purchase of 20 Jan $13 ($2.70)/16 ($1.15) bull call spreads at $1.55 ($3,100) for a net outlay of $1,300 on $6,000 worth of spreads (at $16).  

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