Power Plays Options Update
Close GEV Calls
January 8, 2025
By Scott Redler
GE Vernova (GEV) is dropping this morning so we'll take the following action for Power Plays Options:
- Close the GEV 1/10 $365 Calls
The options expire Friday, and I want to salvage what value is left.
Thankfully, we took the first half off at much higher prices so this idea goes in the win column overall.
-Scott
About Power Plays Options
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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.
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