SNAP Weekly Options Trade Plan 2025-03-31
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SNAP Weekly Analysis Summary (2025-03-31)
Below is a synthesis of the five reports submitted:
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Comprehensive Summary of Each Model’s Key Points
• Gemini/Google Report: – Intraday (M5) shows price hovering above the short-term EMAs but still well below the 200‐period EMA, suggesting short‐term consolidation. – Daily charts are clearly bearish (price below all key EMAs; RSI neutral to approaching oversold) with support around $8.29 and resistance near $9.10. – Market sentiment is mixed: although there is notable bullish call volume and a max pain at $9.50, negative news (Wells Fargo’s lower price target) bolsters a bearish view. – Conclusion: The signals conflict, so they avoid a trade with only 40% confidence.
• Grok/xAI Report: – Notes that on the M5 chart, short-term signals are slightly bullish; however, the daily chart spells out a downtrend. – Technical indicators (RSI oversold on the daily chart, key supports near $8.68) add bearish flavor. – Option chain data show the max pain at $9.50 despite mixed volume activity, favoring bearish sentiment. – Recommendation: Buy a $9.00 put option (premium around $0.46) with an entry at market open. Profit target is roughly a 100% return and stop‐loss set at 50% of premium. – Confidence: About 65%.
• Claude/Anthropic Report: – Confirms that on shorter timeframes SNAP shows neutrality, but the daily trend is clearly bearish (price below all key EMAs; daily RSI ~35.9). – Bollinger Bands and support at the low $8’s highlight a bearish setting. – Although max pain is near $9.50 (hinting at upward pressure), the overall technical picture is moderately bearish. – Recommendation: Buy an $8.50 put (with premium between $0.17–$0.19) to play the downtrend. – Confidence: Around 65%.
• Llama/Meta Report: – Technical indicators (price below all moving averages, RSI around 35.9) and Bollinger Bands near the bottom suggest a losing trend. – Mixed news and an oversold RSI hint at both bearish pressure and the potential for a short‐term bounce. – Recommendation: Buy the $8.50 put option (ask around $0.19) with a plan to exit if price moves against the position. – Confidence: 65% with careful risk management.