Power Plays Options Update
Close BABA Calls
January 30, 2025
By Scott Redler
Alibaba (BABA) is up again and is starting to look parabolic.
Which is GREAT news for us since we took calls on Wednesday.
So we'll take the following action for Power Plays Options:
- Close the BABA February 7 $95 calls
These calls are now in the $9 area, making this by far our best idea so far.
If you participated, congratulations for executing!
I'll be watching for an opportunity to reload BABA into weakness. So keep an eye out for alerts!
-Scott
P.S. Our Google (GOOGL) calls idea is starting to cook too!
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.