SPX 0DTE Options Trade Plan 2025-04-16

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SPX 0DTE Analysis Summary (2025-04-16)

Below is a consolidated synthesis of the models and the options data:

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SUMMARY OF EACH MODEL’S KEY POINTS

• Grok/xAI Report  – Technicals on 1‑min and 5‑min charts show a steep drop with prices below major EMAs.  – RSI readings are extremely oversold even though some mean‑reversion hints exist through Bollinger Band contact.  – The overall picture is “moderately bearish” with high volatility (VIX over 30) and a max pain at 5400 far from current levels.  – Recommended a bearish play: Buy a near‑the‑money put (specifically a $5345 strike put) at market open with defined profit targets and stops.

• Llama/Meta Report  – Confirms that SPX is trading below key moving averages with oversold indicators on short timeframes.  – Notes key supports around the low $5330’s and resistance higher up.  – Ultimately concludes that while signals are bearish technically, the mix of oversold conditions (which might prompt a bounce) plus the options “max pain” factor makes a clear recommendation doubtful; it leans toward “no trade today.”