SPY 0DTE Options Trade Plan 2025-05-29

Join our Discord channel for live trading signals and discussions:

SPY 0DTE Analysis Summary (2025-05-29)

Summary of Model Reports

Grok/xAI Report

Short-term (1- and 5-min) indicators show SPY oversold (RSI ~24–30), trading below EMAs and at lower Bollinger Bands, hinting at a bounce. Daily trend remains bullish (price > all EMAs, MACD positive). VIX ~19 is “normal.” Options: heavy call OI at $590–591, max pain $588. Bias: moderately bearish to neutral. Trade: buy $585 put (premium $1.41), targeting a drop to $583.59; stop if SPY > $589.65. Confidence: 65%.

Claude/Anthropic Report

1- and 5-min charts deeply oversold, MACD bearish. Daily uptrend intact. Support at 586.71, max pain $588, resistance ~589.65. News and Fed comments add near-term bearish tilt. Bias: moderately bearish. Trade: buy $583 put (premium $0.79), target $582–$581, stop-loss at $0.40 if SPY > $588.50. Confidence: 72%.

Llama/Meta Report

SPY below all M1 EMAs, RSI oversold; Bollinger Bands suggest potential stabilization. VIX normal, max pain indicates $588 gravitational pull. Bias: moderately bearish. Trade: buy $586 put (premium ~$1.41), stop at $0.705, profit at 20% of premium. Confidence: 70%.