SPY Swing Options Trade Plan 2025-05-18
Join our Discord channel for live trading signals and discussions:
SPY Swing Analysis Summary (2025-05-18)
Model Summaries
Grok/xAI Report
Short-term (~15m) and daily charts: bullish momentum (price above EMAs, MACD positive, rising volume) but near overbought (daily RSI ~76, price at upper Bollinger Band). Weekly chart confirms uptrend but hints at some momentum exhaustion (negative histogram). Options data: heavy call OI at $605, put OI at $585, max pain at $576. Conclusion: moderately bullish; recommends buying the $611 call (2025-05-30) at $0.94, targeting 50% gain with a 50% stop.
Claude/Anthropic Report
Multi-timeframe analysis: bullish structure but daily RSI overbought; futures and max-pain theory (~$576) point to potential pullback. Concludes moderately bearish; recommends buying the $590 put (2025-05-30) at ~$4.60, targeting ~$7.00 with a $3.45 stop.
Gemini/Google Report