Power Plays Options Update
Trim IBIT calls
April 22, 2025
By Scott Redler
Bitcoin is on fire so we'll take the following action for Power Plays Options:
- Trim Half the IBIT 5/2 $50 Calls
This gives us a small gain from our initiation at $2.18 on April 4.
We'll let the remainder ride for now.
-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.