Power Plays Options New Idea
AVGO Calls
January 6, 2025

By Scott Redler

First, let me offer a warm welcome to all the new Power Plays Options members that joined over the weekend.

It's New Idea time!

The semis are perking up nicely and I want a bullish position on sector leader Broadcom (AVGO). So I'm adding this to PPO:

  • Long AVGO January 24 $250 calls

These calls look good in the $3.90 to $4.50 area, or lower.

-Scott

Scott Redler Positions Disclosure as of 2025-01-06 at 10.36.53 AM

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.