SPY

SPY
$750.33 -0.60% As of Jun 17, 1:16 AM
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Trade Idea

Strategy
Bull Call
Strikes
$747/748
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The SPY Bull Call Spread with strikes at $747 and $748 is positioned at a favorable entry point, just below the current stock price of $746. With the absence of technical risk factors, this setup allows for a high probability of price movement above the lower strike, targeting a potential gain with limited downside. The ATM structure of this spread maximizes the risk/reward ratio, aligning with Maya's strategy to achieve over 94% ROI on winning trades while employing disciplined exit rules to minimize losses. 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%)
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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.