Power Plays Update: Close GEV
October 22, 2024

By Scott Redler

GE Vernova (GEV) reports earnings tomorrow, so I'm going to take off the second half for Power Plays.

It's been a nice performer for us, going from $254.47 up to yesterday's close at $276.43.

As you probably know, I don't take stocks into earnings reports.

I use options because I can define my risk.

In this case, I am taking GEV 10/25 $285 calls into earnings tomorrow.

-Scott

Scott Redler Positions Disclosure as of 2024-10-22 at 8.11.32 AM