Power Plays Options Update
Trim VAL Calls
January 6, 2025
By Scott Redler
Valaris (VAL) is up this morning and we'll take the following action for Power Plays Options:
- Trim another 1/3 of the VAL 2/21 $45 Calls
This leaves us with 1/3 of the original position.
These calls have run from $2.45 to around the $4 area as the January effect has kicked in nicely.
-Scott
About Power Plays Options
Thank you for joining Scott's first dedicated options service as one of our charter members.
Since PPO is an all-new service, we may adjust some aspects of the format and content in the coming weeks. But, the focus will remain on providing high quality ideas for you to consider.
Depending upon the name, Scott may not introduce a specific exit plan at the time of idea initiation. This is because options prices can move so far so fast, and Scott prioritizes flexibility.
However, if Power Plays removes an options idea (whether it's up or down), Scott will notify you with an alert.