SPY 0DTE Options Trade Plan 2025-05-07

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

Model Summaries

Grok/xAI Report

Ultra-short‐term technicals (1-minute chart) are deeply bearish: SPY closed below all EMAs, RSI 15.8, below lower Bollinger Band, accelerating MACD, high sell volume. 5- and daily-chart indicators show potential for mean reversion, but momentum remains weakening. Market sentiment: VIX elevated, high OTM put flow, max pain at $560 supports bearish drift. Directional bias: Moderately Bearish. Recommended trade: Buy the $558 put (premium ~$2.61), 0DTE, entry at open, 50% profit target (~$1.30), 20% stop (~$0.52). Confidence: 65%.

Claude/Anthropic Report

Mixed moving-average signals: short-term consolidation, medium-term bearish, longer-term still bullish. RSI oversold on 1-minute, weakening on 5- and daily. MACD bearish cross on 5-minute. VIX rising, tariffs/news risk. Options show more call OI but pinning at max pain $560. Directional bias: Moderately Bearish. Trade recommendation: Buy $557 put (premium ~$2.22–2.24) at open; profit target ~50% ($3.30), stop at 25% loss ($1.67). Confidence: 65%.

Llama/Meta Report

Technicals are mixed: 1-minute and 5-minute charts somewhat bearish, daily charts still bullish. 1-minute oversold RSI suggests bounce, but higher-timeframe momentum lacks conviction. Max pain at $560, VIX elevated. Slight Bearish bias but overall neutral. Suggested trade: Buy $559 put (premium ~$3.09) at open; profit target 20–30% gain, stop 20–30% loss. Confidence: 70%.