By Scott Redler
Power Plays Options Update
August 13, 2025
Adding XLE Calls
I was definitely too early in adding the XLE 9/19 $88 Calls to Power Plays Options, and the position is underwater.
However, energy is starting to turn the corner.
So I am going to double up the position here.
The calls look good in the $1.00 to $1.20 area, or lower.
Note: the cost basis we show in the tracking sheet will come down because we will be averaging the entry prices. We will note the increased size of the position in the closed positions once exited.
-Scott
Scott Redler Positions Disclosure as of 2025-08-13 at 1.48.53 PM
These are not Power Plays ideas.
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.