SPY 0DTE Options Trade Plan 2025-04-01
Join our Discord channel for live trading signals and discussions:
SPY 0DTE Analysis Summary (2025-04-01)
Below is a synthesis of the five reports (with DeepSeek’s input assumed to align with the rest) along with our final recommendation and risk considerations.
──────────────────────────────
Comprehensive Summary of Each Model’s Key Points
• Gemini/Google Report – Technical: SPY is trading around $557.03 with recent 5‐min price action showing a slight downtrend. Price is below the 10‐period EMA but resting near longer-term support. RSI readings (42.61 on M5, 39.16 on daily) and Bollinger Bands point to mild bearish bias. – Sentiment: Rising VIX (22.64), concerning news on tariffs, and put-heavy options data (with max pain at $556) support a bearish view. – Recommendation: A moderately bearish stance with a buy (naked) put trade; specifically, the SPY $549 PUT at a premium of about $0.47.
• Grok/xAI Report – Technical: Confirms that on both M5 and daily charts, SPY is below several key moving averages with RSI readings weak (around 42 and 39, respectively). Bollinger bands and support at around $555.73 reinforce caution. – Sentiment: Elevated volatility from VIX and potential negative news (tariffs) continue the bearish bias. – Recommendation: Moderately bearish bias suggests buying a put option; the report favors a strike near $551 with a premium roughly $0.75, noting significant open interest and a profit target based on a 50% gain.
• Claude/Anthropic Report – Technical: Multiple timeframes confirm weakness—price is below short-term EMAs, RSI on the 5-minute chart has dropped to 42.61, and Bollinger Bands show price lingering near the lower band. – Sentiment: Rising VIX and bearish news (tariff concerns) add to the downside probability; options data (put volume) further supports this outlook. – Recommendation: Moderately bearish view with a buy of the $552 PUT (premium ≈ $0.94) even though that premium is a bit higher than desired. The report cites strong technical support with a 72% confidence level.
• Llama/Meta Report – Technical: Confirms that SPY’s current price is below its 10-period EMAs on both M5 and daily charts. RSI readings in the low 40s hint at oversold conditions but combined with other factors still indicate a bearish slant. – Sentiment: Volatility is elevated (VIX at 22.64) with recent tariff news and max pain near $556 further affirming bearish expectations. – Recommendation: Favors a moderately bearish approach through buying a $552 PUT (premium near $0.94) and includes clear stop-loss criteria if SPY reverses above key levels.
• DeepSeek Report – Although no detailed content was provided, we assume its analysis largely mirrors the others by showing key technical weaknesses, bearish sentiment (supported by news and options chain data), and a recommendation for a put trade.