Power Plays Options
New Ideas: PDD Calls + IBIT Calls
March 17, 2025
By Scott Redler
Editor's Note: You may have just received an incorrect email that led to an error page. Please disregard it.
I have two new ideas to kick of the week.
First, we are going back to PDD Holdings (PDD), a nice winner for us in February, with this position:
- Long PDD March 28 $135 Calls
These calls look good in the $3.50 to $4.00 area. (or lower)
PDD reports earnings this Thursday, and I see two ways to win. First, with the big momentum in China, the stock could rally into earnings, potentially giving us an early win. And second, of course, the stock could put in a nice gap & go after earnings.
Second, Bitcoin looks like it put in a durable short-term low so we'll also add this:
- Long IBIT April 4 $49 Calls
These calls look good in the $1.45 to $1.85 area (or lower)
-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.