SPX 0DTE Options Trade Plan 2025-05-06

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

Model Summaries

a. Grok/xAI Report

Short-term charts (1- and 5-minute) show clear bearish momentum: 10-period EMA below longer EMAs, MACD negative, RSI oversold but not yet at reversal levels. Daily chart is mixed: still technically bullish but losing steam. VIX elevated at 23.03, news flow is split but skewed cautious. Recommends buying the $5600 put (0DTE) at $13.70, 20% profit target, 20% stop-loss. Confidence ~65%.

b. Claude/Anthropic Report

Intraday momentum strongly bearish, oversold RSI suggests a possible bounce but overall tilt remains down. Daily chart still bullish but weakening. News and option skew point to downside. Recommends buying the $5610 put at $17.80 with a 25% take-profit and 20% stop-loss. Confidence ~65%.