SOXX

SOXX
$563.28 -3.36% As of Oct 9, 12:05 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$583/588
Expiration
Nov 13
Target ROI
100.0%
Trade Reasoning
The current price of SOXX at $583.80 positions us just above the lower strike of $582.50, making it an ideal entry point for a Bull Call Spread as it allows us to capitalize on bullish momentum while leveraging the favorable risk/reward structure of the ATM spread. The absence of technical risk factors reinforces our confidence, while the spread's design targets a significant ROI with limited downside exposure. This disciplined approach aligns with our strategy of maximizing gains while managing losses effectively. 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

Positive Divergence: SOXX MACD Turns at $563.28

Bullish
Oct 9, 2026 at 12:05 AM • $563.28 (-3.36%)

SOXX (SOXX) retreated 3.36%, ending the session at $563.28 on October 9.

Key indicators suggest a mixed bias:

Moving Averages Price hovers around the 9-day EMA ($574.14), while the 21-day ($560.13) provides a key reference.
Momentum RSI at 53.1 is neutral but weakening. MACD reads 14.50 against its 13.28 signal line (bullish).
Volatility Bollinger Band width at 21.6% indicates normal volatility.
Key levels to watch: Support at $495.22, Resistance at $614.91.

SOXX Sees Bullish MACD Crossover at $563.28

Bullish
Oct 8, 2026 at 9:02 PM • $563.28 (-3.36%)

SOXX Surges to $582.82 on EMA Golden Cross

Bullish
Oct 7, 2026 at 9:02 PM • $582.82 (-1.13%)

Moving Averages Propel SOXX to $589.45

Bullish
Oct 6, 2026 at 9:02 PM • $589.45 (-0.01%)

SOXX Rallies to $589.51 on Bullish EMA Alignment

Bullish
Oct 5, 2026 at 9:02 PM • $589.51 (+0.11%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 34
Trade Date Oct 5, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.