SPY 0DTE Options Trade Plan 2025-04-23

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SPY 0DTE Analysis Summary (2025-04-23)

Model Summaries

Grok/xAI Report

Short‑term (1m/5m) technicals: bearish (price below EMAs, negative MACD, RSI near lower bands) but oversold potential. Daily technicals: firmly bearish. VIX elevated at ~28, signaling sensitivity to downside. Max Pain at $525 suggests downward gravitational pull. Recommends buying the $531 put (premium $0.80, OI 655, volume ~400), target 50% gain, stop on a move above $540.

Claude/Anthropic Report

1m/5m: short‑term weakness but 1m RSI recovering from oversold; daily: bearish. VIX falling from 30 to ~28, showing reduced fear. SPY ETF inflows hint at stability. Max Pain far below current price ($525 vs. $538). Moderately bullish bias. Recommends buying the $544 call (premium $0.80, OI 2,458, volume ~127k), target 100% gain, stop at $537.50.

Gemini/Google Report