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SPY Weekly Options Trade Plan 2025-05-23

SPY Weekly Options Trade Plan 2025-05-23

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Henry Zhang
May 24, 2025
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SPY Weekly Options Trade Plan 2025-05-23
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SPY Weekly Analysis Summary (2025-05-23)

Summary of Model Reports Grok/xAI Report • Technicals: M5 chart bearish (below 10-EMA, negative MACD), daily chart slightly bullish (above 10-EMA, positive MACD) • Sentiment: VIX rising, high open interest at $580 max pain • Direction: Neutral/Unclear • Recommendation: No trade, confidence 0%

Claude/Anthropic Report • Technicals: 5M bearish, daily still bullish but weakening • Sentiment: Rising VIX, negative tariff news, max pain at $580 • Direction: Moderately Bearish • Trade: Buy $576 put (premium ~$4.72), expiry May-30, 2025; 25% stop, 50%/100% profit targets; confidence 68%

Llama/Meta Report • Technicals: Bearish on both M5 and daily (below key EMAs, bearish MACD) • Sentiment: VIX elevated, tariff headlines bearish, max pain at $580 • Direction: Moderately Bearish • Trade: Buy $579 put at $5.95, target $7.50, stop $5.00; confidence 70%

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