Power Plays Options Update
Trim GOOGL Calls
February 4, 2025
By Scott Redler
GOOGL is rallying this morning and I'll take the following action for Power Plays Options:
- Trim 1/3 of the GOOGL February 7 $207.50 Calls
This leaves us with 1/3 left.
I added this idea as a play into earnings.
Since we're sitting on a decent gain from our initiation at $3.30, I want to lock something in before earnings this afternoon.
But keep an eye on your inbox. I may want to close the rest out if the stock really zooms higher today.
-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.