AMZN Weekly Options Trade Plan 2025-04-29

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AMZN Weekly Analysis Summary (2025-04-29)

Model Summaries

Grok/xAI

Technical: Slight downtrend; price below recent highs; short-term EMA bullish but losing momentum; daily trend neutral to slightly bearish. Oscillators: 5-min RSI cooling from overbought, daily RSI neutral; 5-min MACD slight bullish divergence, daily MACD bullish divergence. Support/Resistance: Testing support at ~$185.6; resistance at ~$188.5. Options: Max pain $180; heavy OI at $185 calls and $180 puts. Recommendation: Buy naked $185 put (premium $6.55) for a bearish move, profit target 50%, stop above $188.69. Confidence 65%.

Gemini/Google

Technical: Mixed – daily chart slightly bullish (above short MAs, bullish MACD), intraday weakness (failed at resistance, broke M5 support). Oscillators: Daily RSI neutral; intraday RSI corrected from overbought. Sentiment: VIX easing but elevated; tariff news a headwind; max pain $180 bearish. Conclusion: Neutral/unclear; no trade. Confidence 35%.

Claude/Anthropic