SPY 0DTE Options Trade Plan 2025-04-17

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

Below is our synthesized view of the various models and our resulting recommendation.

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Summary of Each Model’s Key Points

• Grok/xAI noted that although the very short‐term (1‑minute) chart shows a slight upward swing, the 5‑minute and daily charts remain bearish. Their technical look and high open interest in puts led them to recommend a moderately bearish play—a naked put at the $523 strike (with a premium around $0.83) to take advantage of a potential pull below key support.