By Scott Redler
Power Plays Options Update
August 12, 2025
Rolling BABA Calls
Alibaba (BABA) has not taken off the way I expected, but I believe it can rally within the next two weeks.
So I'm going to roll our current PPO position by doing this:
- Close the BABA 8/15 $122 Calls
And then add a new position:
- Long BABA 8/22 $122 Calls
These calls look good in the $2.00 to $2.20 area, and give us an extra week until expiration.
Unfortunately, we'll take a loss on the calls we are closing today.
But the goal is to make up for that with a gain on this new set.
-Scott
Scott Redler Positions Disclosure as of 2025-08-12 at 9.44.52 AM
These are not Power Plays ideas.
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