SPX 0DTE Options Trade Plan 2025-05-16

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SPX 0DTE Analysis Summary (2025-05-16)

Model Summaries

Grok/xAI Report

Ultra-short (1-min) and short-term (5-min) charts show bullish momentum: price above key EMAs, MACD bullish cross, RSI neutral-bullish. Daily chart confirms strong uptrend but warns of overbought RSI and price at upper Bollinger band. VIX falling, news sentiment positive, max-pain far below spot. Recommends buying the $5990 call at $0.60, profit target +25%, stop ‑50%, confidence 80%.

Claude/Anthropic Report

Multi-timeframe moving averages all aligned bullishly; RSI rising but daily overbought. Key resistance just above current price; support around 5908. VIX below its 5-day average supports upside continuation. Options flow favors calls in the 5980–6000 range; max-pain irrelevant. Recommends buying the $5980 call at $0.95 with a 100%/200% scale-out plan, stop at 50%, confidence 82%.

Llama/Meta Report