SPY 0DTE Options Trade Plan 2025-05-16
Join our Discord channel for live trading signals and discussions:
SPY 0DTE Analysis Summary (2025-05-16)
Model Summaries Grok/xAI Report • Technicals (M1, M5, Daily): All charts show price above EMAs and bullish MACD alignment, with the Daily chart strongly overbought but still trending up. • Sentiment/VIX: VIX at 17.8 (calm); positive news flow; max-pain ($568) far below spot. • Trade Call: Buy 0DTE $594 call at open, premium $0.32; PT = +50% ($0.16), SL = –50% ($0.16); confidence = 80%.
Claude/Anthropic Report • Technicals: Bullish across timeframes, RSI nearing overbought on M5/Daily, minor M1/M5 MACD divergence. • Sentiment/VIX: VIX down; max pain far away; call OI heavy vs. puts. • Trade Call: Buy 0DTE $594 call at open, premium $0.32; PT = $0.64, SL = $0.16; confidence = 67%.
Llama/Meta Report • Technicals: Bullish trend but overbought RSI (Daily) and put premium at $593 is elevated. • Sentiment/VIX: Neutral VIX; max pain irrelevant intraday. • Trade Call: Buy 0DTE $593 put at open, premium $0.43; PT = +50%, SL = premium×2; confidence = 65%.