SPY 0DTE Options Premarket 2025-05-07

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SPY 0DTE Analysis Summary (2025-05-07)

Model Summaries

Grok/xAI Report

Technicals (1-, 5-min): Bearish (price below EMAs, MACD bearish), but extremely oversold (RSI ~16) suggests potential bounce. Daily view: Mixed—below longer EMAs but above 10-EMA, moderate bullish bias interrupted by a bearish candle. Sentiment: VIX elevated, news mixed, max-pain at $560 may pull price up. Conclusion: Moderately bearish intraday. Recommends buying the $560 put (premium $2.40) at open with a 30% profit target, 15% stop.

Claude/Anthropic Report

Technicals: Clear short-term bearish momentum (RSI, MACD on 1- and 5-min), price below key MAs. Support/Resistance: Max-pain $560 acts as resistance; immediate support near current price. Sentiment: Rising VIX, volume confirmation of selling. Conclusion: Moderately bearish. Recommends buying the $557 put (premium $2.24) at open, targets a ~40% gain, stop 50%.

Llama/Meta Report