SPY 0DTE Options Trade Plan 2025-05-12

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SPY 0DTE Analysis Summary (2025-05-12)

Model Summaries

Grok/xAI Report

Strong bullish breakout on 1-min and 5-min charts: price above all EMAs, MACD positive. Overbought short-term indicators (RSI >80, price above upper Bollinger Band) signal potential pause. Daily chart confirms an ongoing uptrend (10-EMA >50-EMA, RSI ~61). Max pain at $565 suggests a mean-reversion risk but is far below current price. Recommends buying the $582 call at open, profit target ≈$1.43, stop ≈$0.76, confidence 80%.

Claude/Anthropic Report

SPY gapped to ~$579, above major MAs on all timeframes, with strong bullish momentum. Short-term RSI overbought, daily RSI still room to run. VIX down to 21.9 supports risk-on bias. Calls at $582 (premium $0.95) favored: near-the-money, good liquidity. Profit target $1.90 (100% gain), stop-loss $0.47 (50% loss), exit by 2:00 PM, confidence 65%.

Gemini/Google Report