SPY 0DTE Options Trade Plan 2025-05-06
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SPY 0DTE Analysis Summary (2025-05-06)
Model Summaries
Grok/xAI Report
Technicals across 1-, 5-, and daily timeframes are bearish (price below EMAs, negative MACD). Short-term RSI extremely oversold, hinting at possible mean reversion but overall downtrend. Market sentiment negative (VIX elevated but falling, bearish headlines). Max pain at $562, above spot, suggests downward drift. Recommends buying the $554 put (0DTE) at $0.73, profit target ~$1.10, stop‐loss ~$0.58, confidence 70%.
Claude/Anthropic Report
Short-term charts deeply oversold; daily trend still bullish. Max pain at $562 plus oversold RSI argue for a relief bounce. Favors a bullish countertrend: buy the $560 call (0.72 premium) with profit target ~$1.45, stop-loss ~$0.36, confidence 65%.
Gemini/Google Report