SPY

SPY
$771.10 +0.66% As of Aug 28, 2:02 AM
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Trade Idea

Strategy
Bull Call
Strikes
$772/773
Expiration
Oct 2
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $771.78 is just below the lower strike of $772, indicating an attractive entry point for a Bull Call Spread. The absence of identified technical risk factors supports the bullish outlook, allowing for potential upward movement. By employing an ATM spread structure with strike prices close to the current market price, we optimize our risk/reward profile, targeting a 94%+ ROI on winning trades while keeping losses minimal through disciplined exit strategies. 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 Bounces Off EMAs, Climbs to $771.10

Bullish
Aug 28, 2026 at 2:02 AM $771.10 (+0.66%)

SPY (SPY) ticked higher by 0.66% to $771.10 on August 28.

Key indicators suggest a bullish bias:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $767.49 and 21-day at $764.46.
Momentum RSI at 58.5 is neutral but improving. MACD is bearish (4.25 vs signal 5.30).
Volatility Bollinger Band width at 3.5% indicates low volatility.

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

The $754.66-$781.54 range defines near-term boundaries.

EMA Crossover Fuels SPY Move to $771.10

Bullish
Aug 27, 2026 at 9:01 PM $771.10 (+0.66%)

SPY MACD Death Cross Forms at $766.08

Bearish
Aug 27, 2026 at 12:14 AM $766.08 (+0.03%)

SPY Momentum Tide Turns Negative at $766.08

Bearish
Aug 26, 2026 at 9:01 PM $766.08 (+0.03%)

Bearish Divergence Emerges for SPY at $765.91

Bearish
Aug 25, 2026 at 9:01 PM $765.91 (+0.32%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp 34
Trade Date Aug 28, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.