SPY

SPY
$733.73 -0.67% As of May 20, 12:42 AM
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Trade Idea

Strategy
Bull Call
Strikes
$655/656
Expiration
May 1
Target ROI
100.0%
Trade Reasoning
The Bull Call Spread on SPY is a strategic play based on the positive and rising MACD, signaling strong bullish momentum in the stock's price direction. With the current stock price at $654.48, entering the spread at this level allows us to capitalize on an anticipated upward movement while limiting our risk. The ATM spread structure enhances our risk/reward profile, as it targets a high ROI with minimal exposure to potential losses, aligning perfectly with Maya's disciplined trade management approach. 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.
Bullish Factors
MACD Positive and Rising.

Technical Analysis

Sell Signal: SPY MACD Turns Bearish at $733.73

Bearish
May 20, 2026 at 12:42 AM $733.73 (-0.67%)

SPY (SPY) fell 0.67% to finish at $733.73 on May 20.

Key indicators suggest a bearish bias:

Moving Averages Mixed signals with price near the 9-day EMA ($736.10). The 21-day EMA sits at $724.95.
Momentum RSI at 61.7 is neutral but weakening. MACD is bearish (13.21 vs signal 14.06).
Volatility Bollinger Band width at 6.8% indicates low volatility.
Key levels to watch: Support at $702.11, Resistance at $751.46.

Technical Momentum Favors SPY Bears at $733.73

Bearish
May 19, 2026 at 9:00 PM $733.73 (-0.67%)

Moving Averages Propel SPY to $738.65

Bullish
May 19, 2026 at 2:20 AM $738.65 (-0.07%)

SPY Breaks Out at $738.65 as Moving Averages Align

Bullish
May 18, 2026 at 9:00 PM $738.65 (-0.07%)

SPY Technical Picture Brightens at $739.17

Bullish
May 17, 2026 at 12:06 AM $739.17 (-1.21%)
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 -19
Trade Date Mar 26, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.