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: SPY is below the 10-period EMA on 1- and 5-minute charts with bearish MACD and an oversold 1-minute RSI. Daily chart shows rejection near $567.42. Sentiment: Elevated VIX (24.76) implies higher risk; news is mixed. Options: Max Pain at $560; call OI high at strikes ≥565 but no bullish conviction. Bias: Moderately Bearish Trade: Buy 0DTE SPY 559 put @ $3.09; profit target +50%, stop 50%, exit by close. Confidence 65%.

Claude/Anthropic Report

Technicals: Strong bearish momentum on M1 and M5 (RSI 15.8, MACD bearish); price below key EMAs; support at $558.77 vulnerable. Sentiment: VIX rising; Max Pain $560; defensive put positioning. Bias: Moderately Bearish Trade: Buy 0DTE SPY 557 put @ $2.24; stop 25%/SPY >560.50; target 50-60% gain. Confidence 72%.

Llama/Meta Report