SPY

SPY
$769.35 -0.23% As of Aug 28, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$769/770
Expiration
Oct 2
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $768.69 is just below the lower strike of our Bull Call Spread at $769, indicating a strong potential for upward movement. With no identified technical risk factors, this entry point is favorable as it allows us to capitalize on a likely price increase while limiting our risk. The ATM spread structure enhances our risk/reward profile by allowing for a high ROI, as we only need a modest upward move to achieve profitability. 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

EMA Crossover Fuels SPY Move to $769.35

Bullish
Aug 28, 2026 at 9:01 PM $769.35 (-0.23%)

The stock of SPY (SPY) dropped 0.23% to close at $769.35 on August 28.

Key indicators suggest a bullish bias:

Momentum RSI at 56.6 is in neutral territory but trending higher. MACD reads 4.12 against its 5.06 signal line (bearish).
Moving Averages The stock holds above both the 9-day ($767.86) and 21-day ($764.90) EMAs, confirming the uptrend.
Volatility Bollinger Band width at 2.4% indicates low volatility.

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

Watch $759.88 as support and $778.56 as resistance.

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.