SPY

SPY
$771.79 +0.29% As of Oct 16, 12:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$767/768
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY is just below $767, making this an ideal entry point for a Bull Call Spread as it is positioned at-the-money, maximizing the potential for profit as the underlying moves higher. With no identified technical risk factors, this setup supports a bullish outlook, allowing traders to capitalize on upward momentum. The ATM spread structure enhances the risk/reward profile, as the loss is limited to the premium paid while the upside potential remains significant. 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 Momentum Tide Turns Negative at $771.79

Bearish
Oct 16, 2026 at 12:00 AM • $771.79 (+0.29%)

The stock of SPY (SPY) climbed 0.29% to close at $771.79 on October 16.

The technical setup looks bearish:

Momentum RSI at 52.6 is neutral but weakening. MACD is bearish (2.69 vs signal 2.71).
Moving Averages Mixed signals with price near the 9-day EMA ($773.52). The 21-day EMA sits at $771.14.
Volatility Bollinger Band width at 2.9% indicates low volatility.

Support sits at $760.09 with resistance at $782.12.

Caution: SPY MACD Histogram Turns Red at $771.79

Bearish
Oct 15, 2026 at 9:01 PM • $771.79 (+0.29%)

SPY MACD Signals Upside at $769.60

Bullish
Oct 15, 2026 at 12:07 AM • $769.60 (-1.09%)

SPY Buyers Gain Momentum Edge at $769.60

Bullish
Oct 14, 2026 at 9:01 PM • $769.60 (-1.09%)

SPY Holds Bullish Structure Above $778.01

Bullish
Oct 13, 2026 at 9:01 PM • $778.01 (-0.02%)
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 -7
Trade Date Aug 31, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.