SPY

SPY
$770.19 -0.39% As of Sep 8, 12:30 AM
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Trade Idea

Strategy
Bull Call
Strikes
$768/769
Expiration
Oct 16
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $767.46 positions us right at-the-money, providing an optimal entry point for our Bull Call Spread. With no identified technical risk factors, this trade capitalizes on the potential for upward price movement, maximizing our chances of profit. The ATM spread structure enhances risk/reward by allowing us to benefit from minimal capital outlay while targeting a high ROI, reinforcing the trade’s attractiveness. 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 Consolidation Compresses at $770.19

Neutral
Sep 8, 2026 at 12:30 AM $770.19 (-0.39%)

The stock of SPY (SPY) dropped 0.39% to close at $770.19 on September 8.

Chart analysis reveals a mixed configuration:

Momentum RSI at 55.6 is in neutral territory. MACD is bearish (3.08 vs signal 3.75).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($768.14) supports, 21-day ($766.02) below.
Volatility Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Technical levels: $760.41 support, $777.70 resistance.

Energy Building: SPY Consolidates Tightly at $770.19

Neutral
Sep 7, 2026 at 9:01 PM $770.19 (-0.39%)

Low Volatility Setup: SPY Squeezes at $770.19

Neutral
Sep 6, 2026 at 1:34 AM $770.19 (-0.39%)

SPY Consolidation Compresses at $770.19

Neutral
Sep 5, 2026 at 12:03 AM $770.19 (-0.39%)

Energy Building: SPY Consolidates Tightly at $770.19

Neutral
Sep 4, 2026 at 9:01 PM $770.19 (-0.39%)
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 37
Trade Date Sep 8, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.