By Scott Redler
Power Plays Options
New Idea: XLE Calls
I am expecting a rotation into energy stocks so I am adding this position to Power Plays Options:
- Long XLE 9/19 $88 Calls
These calls look good in the $2.85 to $3.25 area. (or lower)
XLE has been stuck in a channel, but it's been firming up for 3 days and looks ready for a breakout.
I'm going out to September because timing this move might be tricky, and I want some wiggle room.
Stay tuned for more updates.
-Scott
Scott Redler Positions Disclosure as of 2025-07-25 at 1.53.31 PM
These are not Power Plays ideas.
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