SPX 0DTE Options Premarket 2025-05-06

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SPX 0DTE Analysis Summary (2025-05-06)

Model Summaries

• Grok/xAI Report – Short-term techs (1m/5m) are bearish: price below EMAs, negative MACD, RSI near oversold. – Daily chart shows still-bullish MACD but recent pullback; RSI neutral. – VIX elevated; mixed news leans slightly bearish. – Option chain: heavy call OI at $5700, max pain $5630. – Conclusion: Moderately Bearish. Recommends buying a $5695 0DTE put at open (premium ~$1.00), PT 50% gain, SL 100% loss, confidence 70%.

• Claude/Anthropic Report – 1m/5m: price below EMAs, deeply oversold RSI, bearish MACD. Daily: still in uptrend above 10-day EMA. – VIX slightly falling but high; mixed news with GDP downturn. – Max pain $5630; skew suggests slight bearish tilt. – Conclusion: Moderately Bearish. Recommends a $5625 0DTE put (premium ~$25.10), PT to $33, SL to $20.10, confidence 65%.

• Llama/Meta Report – Short-term techs bearish and oversold; daily neutral‐slightly bearish. – VIX elevated, max pain $5630. – No attractive put within ideal premium; suggests considering calls. – Conclusion: Moderately Bearish but mixed signals. Recommends buying $5700 0DTE call at $0.80, PT $0.40 gain, SL $0.40 loss, confidence 72%.