SPY 0DTE Options Trade Plan 2025-05-07

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SPY 0DTE Analysis Summary (2025-05-07)

Model Summaries Grok/xAI Report

Technicals on 1- and 5-minute charts are trending bearish (10 EMA below 50 EMA, negative MACD) and RSI readings show oversold but not enough to reverse. Daily chart has 10 EMA crossing below 50 EMA. VIX rising, max-pain at $560.00 adds downward bias. Recommends a moderately bearish bias and buying the $559 put at $3.09 at open, targeting a 20% gain and risking 50% to the stop.

Claude/Anthropic Report

Multi-timeframe breakdown shows bearish momentum on 5-minute (MACD crossover) with daily still somewhat bullish but weakening. VIX elevated and rising; max pain at $560 supports downside. Recommends buying the 0DTE $559 put (~$3.06–3.09), targeting 30% profit, stopping out at 20% loss, with confidence ~70%.

Llama/Meta Report

Mixed intraday signals: 1-minute MACD/RSI oversold but price above EMAs suggests a short bounce; 5-minute and daily are mixed. Max pain at $560 and rising VIX tilt sentiment bearish. Also calls for a moderately bearish stance and buying the $559 put at $3.06, 20% profit target, 10% stop, confidence ~70%.