Power Plays Options
Update
Trim SPY Calls
+ Coaching Reminder
June 3, 2025
By Scott Redler
Before we start, we're hosting a free Power Play Options Coaching/Q&A session today at 4:15 pm ET. We'll talk about position sizing, my strategy for this environment, and more.
Keep an eye out for the link this afternoon.
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The market is ripping so we'll take this action:
- Trim 1/3 of the SPY June 13 $596 Calls
This leaves us with 2/3 the original position. These calls have rallied from $3.90 to nearly $6, so I want to take something off.
As a reminder, in all likelihood, we will take the rest of the position off before Friday's jobs report.
-Scott
Scott Redler Positions Disclosure as of 2025-06-03 at 9.48.31 AM
These are not all Power Plays Options Positions.
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