SPY Weekly Options Trade Plan 2025-04-08

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SPY Weekly Analysis Summary (2025-04-08)

Below is an integrated analysis of the SPY weekly options setup based on the four models:

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SUMMARY OF MODEL KEY POINTS

• Grok/xAI Report  – Technical: Shows an intraday rebound with prices above the short‐term EMAs, although the 200‑EMA is still a caution sign.  – Sentiment: Positive news and bullish momentum with key levels (max pain at $535) lending support.  – Trade Idea: Buy a call at the $525 strike (premium ask ≈$8.68) for the weekly expiry, with entry at market open, a profit target of ~20% premium gain and a tight stop‐loss.

• Llama/Meta Report  – Technical: Indicates a more bearish view when looking at the daily chart – price below the 200‑EMA, an RSI around 33 on the daily chart, and Bollinger Bands that imply downside.  – Sentiment: High VIX (38.09) and technicals pointing to further decline support a short-term bearish stance.  – Trade Idea: Buy the $515 put (premium ask ≈$7.90) at market open with a 20% profit target and 20% stop‐loss.