By Scott Redler
Power Plays Options Update
Close SMCI Calls
Super Micro (SMCI) cleared $57 today so I'm taking this action for Power Plays Options:
- Close the SMCI 8/1 $52 Calls
These calls have done great for us, but the stock might be getting overdone here.
So let's ring the register on the final 1/3.
Separately, the US-EU trade deal looks positive for the domestic energy sector, which is sending our XLE 9/19 $88 Calls up today.
It's nothing dramatic but could be the start of a bigger move.
-Scott
Scott Redler Positions Disclosure as of 2025-07-28 at 10.13.47 AM
These are not Power Plays ideas.
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