Power Plays Options Update: Trim VAL Calls
December 31, 2024
By Scott Redler
Valaris (VAL) is having a nice rally today, so we'll take the following action for Power Plays Options:
- Trim 1/3 of the Long VAL 2/21 $45 Call Position
This leaves us with 2/3.
I think there is more upside ahead in the coming weeks but January effect names can be tricky, so I prefer to lock something in.
-Scott
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