SPY 0DTE Options Trade Plan 2025-04-23

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SPY 0DTE Analysis Summary (2025-04-23)

Model Summaries Grok/xAI: Moderately bearish bias based on daily downtrend, elevated VIX, and max‑pain at $525. Recommends a naked put at $535 for $0.74, 50% profit target to $0.37, stop‑loss if SPY > $542.96, confidence 65%. Claude/Anthropic: Moderately bearish from daily EMA and RSI, short‑term momentum turning down, max‑pain gap. Recommends buying the $535 put at $0.74, target 100% to $1.48, stop at $0.37 (50%), confidence 68%. DeepSeek: Neutral/unclear due to conflicting 1‑minute vs daily signals and no clear catalyst. Recommends no trade (45% confidence), with a conditional $535 put only on a breakdown below $536.75 if forced. Gemini/Google: Moderately bearish with daily price below long EMAs, max‑pain drag. Prefers the $534 put at $0.54 (ideal premium), target +75% to ~$0.95, stop‑loss 50% to $0.27, confidence 65%. Llama/Meta: Moderately bearish across timeframes, momentum and MACD negative, max‑pain below spot. Suggests the $534 put at $0.54, target 50–100% gains, stop at premium or technical invalidation, confidence 65%. Agreements and Disagreements Agreements: Overall moderately bearish bias Use of single‑leg naked put on 0DTE Entry at open, strict stop‑loss discipline Disagreements: Strike selection: $535 strike (Grok, Claude) vs. $534 strike (Gemini, Llama) Profit targets: 50% (Grok), 75% (Gemini), 100% (Claude), variable (Llama) DeepSeek’s “no‑trade” stance versus others’ bullish decision to be bearish Conclusion Overall Market Direction Consensus: Moderately Bearish Recommended Trade: • Strategy: Buy single‑leg naked put • Instrument: SPY 0DTE expiring 2025‑04‑23 • Strike: $534 put @ ~$0.54 premium (fits ideal range, strong liquidity) • Entry Timing: At the open • Profit Target: ~$0.95 (≈75% gain) • Stop‑Loss: ~$0.27 (50% of premium) • Size: 1 contract Confidence Level: 65%