LCID Weekly Options Trade Plan 2025-05-06

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LCID Weekly Analysis Summary (2025-05-06)

Model Summaries

Grok/xAI Report

Technicals: LCID is in a short‐term and daily bearish trend—price below 10, 50, 200 EMAs; MACD and RSI on daily chart bearish; minor 5-minute RSI bounce. Sentiment: VIX elevated but falling; negative EV tax credit news; max pain at $2.50; heavy open interest in $2.50 puts. Trade Idea: Buy the $2.50 weekly put at $0.22; target 50% of premium; stop at 25% loss; exit if price breaks $2.41 or rallies unexpectedly. Confidence: 65%