SPY 0DTE Options Trade Plan 2025-05-23

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SPY 0DTE Analysis Summary (2025-05-23)

Model Summaries

• Grok/xAI

Short-term (1- and 5-min) charts show price below EMAs, negative MACD and RSI around neutral, signaling bearish momentum. Daily chart confirms weakening momentum with price below the 10-EMA and negative MACD histogram. VIX elevated at 22.35 and bearish news flow (tariff threats, economic stress) reinforce a bearish bias. Max Pain at $584 is above spot, which Grok interprets as market makers pushing price lower today. Recommends buying a naked SPY 0DTE put at the $578 strike (premium ~$0.91) at open, with a 50% profit target and a stop if SPY closes above $580. Confidence: 80%

• Claude/Anthropic

1-min chart weak, 5-min and daily show mixed signals. RSI neutral to slightly bullish on 5-min, MACD divergence present. VIX rising, news mixed; options flow heavy on puts near spot but Max Pain at $584 argues for upside pull. Weighs bearish technicals vs. bullish max-pain and open put interest, arrives at a moderately bullish tilt but below trading threshold. No trade (confidence ~65%)

• DeepSeek

SPY trading below multiple MAs on 5-min and daily; momentum indicators neutral to negative. VIX up, max pain too distant to matter intraday. Conflicting signals and volatility contraction suggest no clear trend. No trade (confidence 62%)