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: SPY is below the 10, 50, and 200 EMAs on 1-min, 5-min, and daily charts. 1-min and 5-min RSI are oversold; MACD is bearish. Sentiment: VIX elevated but falling. Mixed news, but max pain at $562 suggests some upside drag. Bias: Moderately Bearish. Trade: Buy 0DTE SPY $556 put @ $0.82. High liquidity, near‐the‐money strike.

Claude/Anthropic Report

Technicals: Price below all short-term EMAs. 1-min/5-min RSI extremely oversold; daily RSI neutral. Bearish MACD. Sentiment: Falling VIX. Heavy put positioning at $555–556. Max pain at $562. Bias: Moderately Bearish. Trade: Buy 0DTE SPY $555 put @ $0.62. Good liquidity, premium near ideal range.

Llama/Meta Report