SPY 0DTE Options Trade Plan 2025-04-21

Join our Discord channel for live trading signals and discussions:

SPY 0DTE Analysis Summary (2025-04-21)

Model Summaries

Grok/xAI Report

Technicals (M1, M5, Daily) point to a bearish trend: price below EMAs, negative MACD, RSI oversold but no clear bounce signal. Market sentiment: VIX elevated at 29.65, max pain at $528 (above current price). Direction: Moderately Bearish. Trade: Buy 0DTE $528 put at $0.40, target $0.60, stop $0.30.

Claude/Anthropic Report

Technicals: Oversold RSI on M1/M5, MACD bearish but narrowing; support at $520, resistance at $526+. Sentiment: VIX falling, max pain at $528, strong put OI at $520. Direction: Moderately Bullish (relief bounce). Trade: Buy 0DTE $525 call at $0.91, target $1.82, stop $0.55.

Gemini/Google Report