SPY Weekly Options Trade Plan 2025-05-21

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SPY Weekly Analysis Summary (2025-05-21)

Model Summaries

Grok/xAI Report

Technicals: SPY below 10- and 50-EMA on 5-min, above 200-EMA; 5-min RSI ~38 (slightly oversold); narrowing BBs; positive MACD divergence. Sentiment: VIX ~18 (normal, falling); bearish news but max pain at $587 near key resistance. Direction: Moderately Bullish (anticipates short-term bounce toward resistance/$587). Trade: Buy $590 call (ask $0.84), entry at open, 50% profit target, 20% stop-loss, hold to expiry. Confidence 72%.

Claude/Anthropic Report

Technicals: Weakness intraday (price < EMAs on M5; break below daily 10-EMA), daily RSI ~68 cooling, MACD contracting. Sentiment: VIX ~18 falling, bearish headlines, balanced put/call activity, max pain $587. Direction: Moderately Bearish (risks of further downside). Trade: Buy $573 put (ask $0.85), target 100–200% gain, stop at 50% loss, exit by EOD May 23. Confidence 65%.

Llama/Meta Report