SPY 0DTE Options Trade Plan 2025-05-07

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

Model Summaries

Grok/xAI Report

Technicals show SPY trading below all short-term EMAs on the 1- and 5-minute charts, negative MACD, and very low RSI on the 1-minute chart (15.77), suggesting short-term oversold conditions but continued bearish momentum. Daily chart neutral to slightly bearish. VIX rising, max pain at $560. Recommends buying the $560 put at $0.37, targeting a mean reversion toward $557, with a 65% confidence.

Claude/Anthropic Report

Mixed signals: 1-minute bearish, 5-minute bullish, daily bullish. RSI readings conflicted across timeframes. Fed comments and VIX point to caution. Price at max pain ($560) suggests range-bound risk. Concludes neutral/unclear, no trade recommended. Confidence 40%. Suggests a speculative $566 call only if a clear breakout occurs.

DeepSeek Report