SPY 0DTE Options Trade Plan 2025-05-16

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SPY 0DTE Analysis Summary (2025-05-16)

Model Summaries

Grok/xAI Report

Technicals: SPY above key EMAs on 1-, 5-, and daily charts → short-term and medium-term bullish. 1-min RSI dipped below 50; daily RSI >70 (overbought). MACD bullish on 5- and daily charts, mixed on 1-min. Support ~591.88, resistance ~592.38–592.40. Sentiment: VIX falling at 17.43; mixed news but slight positive lean. Options show heavy volume/OI at $592 strikes; max pain $568 is distant. Conclusion: Moderately bullish but potential for short pullback. No trade. Confidence 60%.

Claude/Anthropic Report

Technicals: SPY at 592.20, above all EMAs on 1-, 5-min, and daily charts. RSI neutral to bullish on intraday, overbought daily. MACD uniformly bullish. Immediate resistance ~592.38–592.40; support ~591.78–591.90. Sentiment: VIX falling; news mixed but no major catalyst. Calls have heavier OI than puts. Max pain 568 well below spot. Conclusion: Moderately bullish but overbought and near resistance → no trade. Confidence ~65%.

Llama/Meta Report