SPY 0DTE Options Trade Plan 2025-04-16
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SPY 0DTE Analysis Summary (2025-04-16)
Below is a consolidated analysis based on all the reports:
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SUMMARY OF EACH MODEL’S KEY POINTS
• Grok/xAI Report – Technical indicators show SPY’s price (≈$531.86) is below key moving averages with oversold RSI on the 1‑minute chart and bearish MACD on intraday charts. – The options data (max pain at $537 and heavy open interest in puts and calls) supports a bearish bias. – Recommends a bearish play by buying the $528 put despite its premium ($0.99) being a bit above the “ideal” range for the setup.