QXO Weekly Options Trade Plan 2025-04-16

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QXO Weekly Analysis Summary (2025-04-16)

Below is the consolidated analysis from all the reports:

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SUMMARY OF KEY POINTS ───────────────────────────── • Grok/xAI highlights that on intraday charts QXO shows short‐term weakness (price below 10- and 50-EMAs) while the daily chart exhibits an uptrend with bullish MACD and RSI values. They stress that the notable Max Pain at $13.00 (well below current price) represents downside pressure. Their proposed trade is a naked call at the $14.00 strike for a premium of about $0.60.

• Gemini/Google reviews both short‐term (M5) and daily technicals. They note that although the daily trend appears bullish, the M5 chart and especially the heavy put open interest tied to the $13.00 Max Pain create uncertainty. In their view the conflicting signals—bullish daily momentum versus put-driven downside pressure—lead them to recommend no trade for the day.