SPY 0DTE Options Trade Plan 2025-04-17

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SPY 0DTE Analysis Summary (2025-04-17)

Below is an integrated analysis drawn from the five model reports:

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Summary of Each Model’s Key Points

• Grok/xAI Report  – Technicals on the 1‑min and 5‑min charts show SPY’s price (≈528.24) trading below short‐term moving averages with bearish MACD and RSI below 40.  – Despite oversold conditions suggesting a potential bounce, overall momentum is moderately bearish.  – Recommendation: Buy a 0DTE put at the $528 strike (premium of 0.80), though a put trade is preferred.

• Gemini/Google Report  – Both very short‑term charts (1‑min and 5‑min) indicate a bearish setup with support being tested near SPY’s current level.  – Price action and options flow (with heavy put open interest at $527, $525, etc.) confirm downside bias.  – Recommendation: Buy the 0DTE SPY $527 Put at ≈0.49 premium if SPY stays at/below 528 at open.