SPY 0DTE Options Trade Plan 2025-05-07

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SPY 0DTE Analysis Summary (2025-05-07)

Model Summaries

Grok/xAI Report

Technicals: Short-term (1-min/5-min) bearish (price below EMAs, bearish MACD), but ultra-short RSI is oversold. Daily chart remains modestly bullish. Sentiment: Elevated VIX (~24.8), Fed comments add uncertainty. Options OI clustered at the $560 max-pain level. Direction: Moderately bearish in the ultra-short term, with risk of a bounce. Trade: Buy 0DTE SPY 559-put at $3.09. Profit target 50% ($1.55), stop-loss if SPY > $560.50. Confidence 65%.

Claude/Anthropic Report

Technicals: Bearish momentum on M1/M5 (EMAs down, MACD negative), RSI oversold on M1. Daily trend still slightly bullish but weakening. Sentiment: VIX rising, Fed tone cautious. Max pain at $560 may attract price but overall short bias. Direction: Moderately bearish. Trade: Buy 0DTE SPY 557-put at ~$2.24. Profit target ~35% ($~3.00), stop-loss ~25% ($1.67). Confidence 65%.

Llama/Meta Report