SPX 0DTE Options Trade Plan 2025-05-05

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

Model Summaries

Grok/xAI Report

Technical: Strong bearish momentum on 1- and 5-minute charts (price below EMAs, negative MACD), but oversold RSI and price at lower Bollinger Bands hint at a bounce. Daily chart is still above its 10-day EMA. Sentiment: VIX elevated but falling; max pain at 5610 suggests downside pull. Conclusion: Moderately Bearish. Recommends buying a 5640 put despite its high premium ($19).

Claude/Anthropic Report

Technical: SPX opened sharply lower into oversold on M1/M5 RSI; daily RSI still bullish. Volatility: VIX elevated but easing; max pain at 5610 below current price. Conclusion: Moderately Bearish with a short-term bounce risk. Recommends buying the 5595 put at $6.00.

Llama/Meta Report