SPY 0DTE Options Trade Plan 2025-04-09

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SPY 0DTE Analysis Summary (2025-04-09)

Below is a consolidated analysis synthesizing the key points from all the reports, followed by our overall conclusion and trade recommendation.

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Comprehensive Summary of Each Model’s Key Points

• Grok/xAI Report – Finds that, on the intraday (5‑minute) chart, SPY is trading below the 10‑ and 50‑period EMAs (with price near key support at about $493–$497) while the daily chart remains deeply bearish yet oversold. – Notes a high VIX and the max pain at $513 lies well above the current price. – Recommends a moderately bearish play using a naked put at the $495 strike to benefit from a price move downward.