SPY

SPY
$656.82 +0.56% As of Mar 26, 3:06 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

SPY Stalls at $656.82 Amid Bearish EMAs

Bearish
Mar 26, 2026 at 3:06 AM $656.82 (+0.56%)

SPY (SPY) closed up 0.56% at $656.82 on March 26.

Technical indicators paint a bearish picture:

Moving Averages Price sits below both the 9-day ($659.75) and 21-day ($668.18) EMAs, suggesting short-term weakness.
Momentum RSI at 38.7 is in neutral territory but trending higher. MACD reads -8.25 against its -6.61 signal line (bearish).
Volatility Bollinger Band width at 7.2% indicates low volatility.

Support sits at $646.46 with resistance at $694.95.

Sellers Dominate SPY Below Key EMAs at $656.82

Bearish
Mar 25, 2026 at 9:00 PM $656.82 (+0.56%)

Downtrend Intact: SPY Rejected at EMAs, Trades $653.18

Bearish
Mar 24, 2026 at 9:01 PM $653.18 (-0.34%)

SPY Struggles Below Key Moving Averages at $655.38

Bearish
Mar 23, 2026 at 9:04 PM $655.38 (+1.05%)

Technical Bounce Setup: SPY Oversold at $648.57

Bullish
Mar 23, 2026 at 1:42 AM $648.57 (-1.44%)
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 35
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.