Power Plays Options
New Idea: SPY Calls
March 11, 2025
By Scott Redler
There is a chance the market could put in a strong relief rally from here over the next 2 days, with the CPI report tomorrow as a potential major catalyst.
So I'm adding this position to Power Plays Options:
- Long SPY March 12 $565 Calls
These calls look good in the $2 to $2.50 range, or lower.
And yes, these options expire tomorrow.
I'm using this short expiration because the market feels like it's at a "now or never" moment.
-Scott
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