SPY 0DTE Options Trade Plan 2025-05-02
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SPY 0DTE Analysis Summary (2025-05-02)
Model Summaries
Grok/xAI Report
Price at $564.89 showing slight upside; Bullish on 5-min and daily charts (price above EMAs, MACD positive) but 1-min RSI (72) suggests short-term overbought. VIX falling to 23.8 supports bullish bias; max pain at $551 seen as longer-term headwind. Recommends buying the $569 call at $0.55 at open, targeting $0.83 (50% gain) with a stop at $0.44 (20% loss). Confidence 75%.
Claude/Anthropic Report
Bullish across M1, M5, Daily (price > EMAs, rising RSI, bullish MACD), immediate resistance near $565.48. VIX down, jobs report positive; max pain at $551 noted but secondary. Recommends the $570 call at $0.36 (within ideal range), profit target $0.72 (100% gain), stop at $0.18 (50% loss), exit by 2:00 PM. Confidence 73%.
Gemini/Google Report
Strongly bullish on M1, M5, Daily with expanding Bollinger Bands and positive MACD crossovers. Pre-open momentum theme. VIX trending down, jobs beat underpins bulls; max pain a later drag. Prefers the $569 call at ~$0.55, profit target $1.00–$1.10 (80–100% gain), stop at $0.27 (50% loss), max hold 60 min. Confidence 75%.