SPY

SPY
$773.93 -0.43% As of Oct 9, 12:09 AM
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Trade Idea

Strategy
Bull Call
Strikes
$775/776
Expiration
Nov 13
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $774.82 is very close to the lower strike price of $775, making it a favorable entry point for a Bull Call Spread. With no identified technical risk factors and the potential for a strong upward movement, this strategy leverages the ATM structure to maximize ROI with limited risk. The defined profit range between the strikes allows for a balanced risk/reward scenario, capitalizing on the anticipated upward price movement while maintaining strict loss control. 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 Holds Bullish Structure Above $773.93

Bullish
Oct 9, 2026 at 12:09 AM • $773.93 (-0.43%)

Shares of SPY (SPY) declined 0.43% to $773.93 on October 9.

From a technical standpoint, the outlook appears bullish:

Momentum RSI at 56.3 is showing no strong directional bias. MACD is bullish (2.86 vs signal 1.83).
Moving Averages The stock holds above both the 9-day ($772.03) and 21-day ($768.91) EMAs, confirming the uptrend.
Volatility Bollinger Band width at 3.5% indicates low volatility.

Support sits at $753.91 with resistance at $780.43.

SPY Technical Picture Brightens at $773.93

Bullish
Oct 8, 2026 at 9:01 PM • $773.93 (-0.43%)

SPY Rallies to $777.22 on Bullish EMA Alignment

Bullish
Oct 7, 2026 at 9:01 PM • $777.22 (-0.24%)

Energy Building: SPY Consolidates Tightly at $779.09

Neutral
Oct 7, 2026 at 1:14 AM • $779.09 (+0.55%)

SPY Consolidation Compresses at $779.09

Neutral
Oct 6, 2026 at 9:01 PM • $779.09 (+0.55%)
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 34
Trade Date Oct 7, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.