SPY

SPY
$772.31 +0.35% As of Oct 29, 12:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$767/768
Expiration
Oct 16
Target ROI
100.0%
Trade Reasoning
The SPY Bull Call Spread at $767/$768 is a strong entry point, as it capitalizes on the stock's current price of $766.94, positioning us just below the ATM level with room for upward movement. The absence of identified technical risk factors indicates a favorable environment for a bullish position, allowing us to target significant upside with controlled risk. The ATM spread structure enhances our risk/reward profile, providing a high potential return on investment while limiting 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

Calm Before Storm? SPY Squeezes at $772.31

Neutral
Oct 29, 2026 at 12:00 AM • $772.31 (+0.35%)

SPY (SPY) gained 0.35% to finish at $772.31 on October 29.

Chart analysis reveals a mixed configuration:

Momentum RSI at 53.0 is in neutral territory but trending higher. MACD is bearish (0.00 vs signal 0.47).
Moving Averages The 9-day EMA ($768.54) and 21-day ($768.94) offer no clear directional bias currently.
Volatility Volatility has been compressing for 11 sessions (TTM Squeeze active), often a precursor to directional moves.
Key levels to watch: Support at $759.65, Resistance at $782.14.

SPY Bands Narrow to Multi-Week Lows at $772.31

Neutral
Oct 28, 2026 at 9:01 PM • $772.31 (+0.35%)

SPY Tightening Range Signals Pending Move at $769.66

Neutral
Oct 27, 2026 at 9:01 PM • $769.66 (+0.57%)

Calm Before Storm? SPY Squeezes at $765.37

Neutral
Oct 26, 2026 at 9:01 PM • $765.37 (+0.72%)

SPY Coiled Spring Ready to Release at $759.97

Neutral
Oct 25, 2026 at 12:06 AM • $759.97 (-0.53%)
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 -13
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.