SPY 0DTE Options Trade Plan 2025-05-06

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SPY 0DTE Analysis Summary (2025-05-06)

Model Summaries

Grok/xAI Report

Technicals (1-min, 5-min, daily): Bearish across all timeframes; price below EMAs; RSI and MACD confirm downtrend, though 1-min RSI oversold suggests possible minor bounce. Sentiment: Elevated VIX (23.64), bearish news headlines, max pain at $562 but put OI concentration below current price. Bias: Moderately Bearish Trade: Buy 0DTE SPY $554 put @ $0.73; PT 50% premium or 2% SPY move; SL 50% premium or SPY >1-min 10 EMA; Confidence 70%

Claude/Anthropic Report

Technicals: Deep intraday oversold RSI on 1-min/5-min with strong bearish momentum; daily shows pullback from recent highs. Sentiment: News of S&P down ~1%, VIX elevated. Options data: max pain $562, heavy put activity below. Bias: Moderately Bearish Trade: Buy 0DTE SPY $553 put @ $0.54; PT +50% ($0.81); SL –30% ($0.38); hold ≤2 hrs; Confidence 72%

Llama/Meta Report