Power Plays Options Update
Trim PDD, BIDU, DASH
February 14, 2025
By Scott Redler
It's a great morning for our names so we're taking 3 actions for Power Plays Options.
- Trim 1/3 of the PDD February 28 $120 Calls, leaving us with 1/3
- Trim 1/3 of the BIDU February 28 $95 calls, leaving us with 2/3
- Trim 1/2 of the DASH February 21 $202.50 X $215 Call Spread, leaving us with 1/2
PDD and BIDU are up big on a surge in Chinese stocks thanks to President Trump not imposing immediate tariffs.
And DASH has had a nice comeback as dip buyers came back after earnings. This name could have much more upside, but our position expires next week so I want to lock in something ASAP.
Stay tuned for the weekly roundup this morning!
-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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