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SPX 0DTE Options Trade Plan 2025-05-23

SPX 0DTE Options Trade Plan 2025-05-23

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Henry Zhang
May 23, 2025
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SPX 0DTE Options Trade Plan 2025-05-23
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SPX 0DTE Analysis Summary (2025-05-23)

Model Summaries

Grok/xAI Report

Short-term (1- and 5-min) charts: clear bearish momentum (price below all EMAs, negative MACD, oversold RSI) but signs of weakening. Daily chart: neutral to mildly bullish (price above daily 10-EMA, RSI ~60). VIX elevated (20.51 → risk-off). Max Pain at 5875 suggests resistance overhead. Conclusion: Moderately Bearish. Confidence 65%. No trade (insufficient multi-timeframe alignment).

Claude/Anthropic Report

1-min: oversold (RSI 25.8), price below EMAs; 5-min: RSI neutral/bullish, price near EMAs; daily: intact uptrend. VIX rising, negative open (–1.18%). Max Pain 5875 could magnetize price higher. Conclusion: Moderately Bullish (bounce play). Confidence 65%. No trade (below 75% threshold).

Llama/Meta Report

1- and 5-min: bearish momentum, oversold RSI, widening bands. Daily: bullish MACD still positive. VIX elevated, mixed news flow. Options: Max Pain 5875, puts out OI bias, but oversold short-term hints at a bounce. Recommended trade: BUY naked CALL 5860 (premium $2.85) at open; profit target ~50% of premium; stop-loss 100% of premium. Confidence 80%.

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