SPY

SPY
$750.33 -0.60% As of Jun 17, 1:16 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$750/751
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The current price of SPY at $749.89 is positioned just below the lower strike of our Bull Call Spread at $750, providing an optimal entry point with minimal risk as momentum builds. With no identified technical risk factors, this setup capitalizes on anticipated upward movement, allowing us to benefit from a potentially strong price rally. The ATM spread structure maximizes our risk/reward, as we can capture significant gains while limiting losses through our disciplined exit rules. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

SPY Enters Squeeze Mode at $750.33

Neutral
Jun 17, 2026 at 1:16 AM $750.33 (-0.60%)

SPY (SPY) closed down 0.60% at $750.33 on June 17.

The technical setup looks bullish:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $745.14 and 21-day at $742.54.
Momentum RSI at 58.4 is neutral but improving. MACD reads 4.70 against its 6.40 signal line (bearish).
Volatility A 6-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.

The $727.78-$765.10 range defines near-term boundaries.

SPY Range Contracts Sharply Near $750.33

Neutral
Jun 16, 2026 at 9:00 PM $750.33 (-0.60%)

Calm Before Storm? SPY Squeezes at $754.83

Neutral
Jun 15, 2026 at 9:00 PM $754.83 (+1.77%)

Bulls Push SPY Above Key EMAs to $741.75

Bullish
Jun 15, 2026 at 12:27 AM $741.75 (+0.55%)

Bulls Push SPY Above Key EMAs to $741.75

Bullish
Jun 14, 2026 at 1:11 AM $741.75 (+0.55%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Use code:
HEADSTART50
50% off your first month

Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp 36
Trade Date Jun 17, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.