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PGR Weekly Bearish Setup – 2025-06-13 Expiry
📉 PGR Weekly Bearish Setup – 2025-06-13 Expiry 🧠 AI Model Consensus | NYSE:PGR Despite a short-term bounce, multiple AI models signal a bearish bias this week for Progressive Corp ( NYSE:PGR ), driven by weak daily charts and heavy put interest around the $250 zone. 🧪 Model Breakdown: 🔹 Grok/xAI • 📉 Bearish overall: Price < daily EMAs, negative MACD, oversold RSI • 🟢 5-min chart shows temporary bounce • ⚠️ Max pain & heavy put OI @ $250 • 🛠️ Trade: Buy $260P @ market (target +50%, SL: stock > $272.50) • 📈 Confidence: 65% 🔹 Claude/Anthropic • 📉 Below all EMAs (5-min + daily), RSI oversold • ⚠️ Max pain at $250, put dominance • 🛠️ Trade: Buy $260P @ ~$0.70 → PT: $1.40 (100%), SL: $0.35 • 📈 Confidence: ~66% 🔹 Llama/Meta • 📉 Daily chart bearish, MACD down, near lower BB • 🟢 Short-term bounce likely • 🛠️ Trade: Buy $260P @ $0.85 → PT: $1.275 (50%), SL: $0.25 🔹 Gemini/Google • 🚨 Strongly bearish daily (MACD down, BB breakdown) • 📊 Recommends $262.50P for better liquidity • 🛠️ Trade: Buy $262.5P @ $1.25 → PT: $2.50 (100%), SL: $0.625 • 📈 Strategy: Day-trade or short swing 🔹 DeepSeek • 📉 Bearish across timeframes; RSI oversold, price < EMAs • ⚠️ Max pain at $250, strong put skew • 🛠️ Trade: Buy $260P @ $0.85 → PT: $1.70 (100%), SL: $0.425 • 📈 Confidence: 75% ✅ Consensus Summary: 📉 Market Direction: Bearish • Daily structure weak across all models • Max pain + put OI @ $250 = downside magnet • Short-term relief rally possible, but larger trend down • $262.50P selected for best liquidity & execution 📌 Suggested Trade Setup 🎯 Symbol: NYSE:PGR 🟢 Strike: 262.50 PUT 📅 Expiry: 2025-06-13 💵 Entry Price: $1.25 🎯 Profit Target: $2.50 (+100%) 🛑 Stop Loss: $0.625 (–50%) 📈 Confidence: 75% ⏰ Entry Timing: Market open ⚠️ Risk Factors • 📈 Short-term RSI oversold → possible bounce • 🟢 5-min trend relief rally could cause drawdown • 🧊 VIX dropping → lower option volatility • 💸 Liquidity better at $262.50 than $260 strikes 📊 TRADE JSON 💬 Are you watching NYSE:PGR this week? Drop your setups or counter-trades below! 📉 Follow for more AI-powered weekly trade breakdowns.
11:07 PM · Jun 9, 2025
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