Sparing Rhaenys would make sense – marry her to Renly down the line, strengthen your claim to the Iron Throne.
Sparing Ellia is a good idea. The Martells are really really not going to be happy that Aegon is dead, or Lewyn Martell for that matter, but with Elia as a prisoner, they’re not going to make noise over it while she’s alive. Then again, if you believe Tywin, he didn’t want her dead.