SPX 0DTE Options Trade Plan 2025-05-02

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SPX 0DTE Analysis Summary (2025-05-02)

Model Summaries

Grok/xAI Report

Short-term (1-min) shows slight bullish momentum; mid-term (5-min) and daily charts confirm a broader bullish trend but with potential overextension above Bollinger Bands. RSI neutral to moderately bullish; MACD positive but momentum weakening on 1-min. VIX trending down from elevated levels; positive jobs/news but max-pain far below current price. Recommends a moderately bullish naked call at the 5750 strike ($0.65 premium), entry at open, 20% profit target, 30% stop, confidence 65%.

Claude/Anthropic Report

Price above all EMAs on 1-min, 5-min, and daily charts; bullish momentum confirmed by RSI and MACD across timeframes. VIX falling from its 5-day average; strong news catalysts (jobs) bolster bullish sentiment. Options flow shows heavy call OI at 5700 and high volume in 5740–5760 strikes. Strongly bullish bias; recommends buying the 5740 call at $0.90, target 200% gain, stop at $0.45, confidence 78%.

Gemini/Google Report