SPY 0DTE Options Trade Plan 2025-05-23
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SPY 0DTE Analysis Summary (2025-05-23)
Model Summaries Grok/xAI Report Technicals (M1, M5, Daily) uniformly bearish: price below EMAs, negative MACD, oversold RSI but no clear bounce signal. Rising VIX (21.10) confirms fear. Key support near $582.58–$583.03; resistance at $585.74–$586.41. Max pain at $584 suggests downside pull is stronger short term. Recommends naked 0DTE $576.50 put, entry at open, profit target +30%, stop-loss 50%, confidence 75%.
Claude/Anthropic Report
Ultra-short-term (M1, M5): deeply oversold RSI, slight MACD improvement, mixed EMA signals on M5. Daily: bearish reversal from $594, RSI neutral, MACD declining. Max pain ($584) is ~7.4 points above current price, implying potential mean reversion. Takes a contrarian lean: buy 0DTE $580 call (or $578 call), profit targets of 50–100%, stop-loss 40%, exit by 3pm, confidence 72%.
Llama/Meta Report