SPY

SPY
$767.05 -0.30% As of Aug 31, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$756/757
Expiration
Jul 10
Target ROI
100.0%
Trade Reasoning
The SPY Bull Call Spread targeting strikes at $756 and $757 is a favorable trade given the stock's current price of $755.61, which is just below the lower strike. This positioning allows for immediate upside potential as SPY is poised to rally above $756, with no identified technical risk factors to impede movement. The ATM spread structure enhances the risk/reward profile, providing a solid chance for significant gains while limiting downside exposure, aligning perfectly with Maya's focus on high ROI trades. 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

Sell Signal: SPY MACD Turns Bearish at $767.05

Bearish
Aug 31, 2026 at 9:01 PM • $767.05 (-0.30%)

SPY (SPY) fell 0.30% to finish at $767.05 on August 31.

The technical setup looks mixed:

Moving Averages Moving averages are converging near $767.70 (9-day) and $765.10 (21-day), signaling indecision.
Momentum RSI at 53.9 is showing no strong directional bias. MACD reads 3.79 against its 4.81 signal line (bearish).
Volatility Bollinger Band width at 2.0% indicates low volatility.

Technical levels: $761.90 support, $777.47 resistance.

SPY Rides Bullish EMAs Higher to $769.35

Bullish
Aug 31, 2026 at 12:16 AM • $769.35 (-0.23%)

SPY (SPY) closed down 0.23% at $769.35 on August 31.

Technical indicators paint a bullish picture:

Moving Averages Price trades above the 9-day EMA ($767.86) with a bullish stack. The 21-day EMA at $764.90 provides support.
Momentum RSI at 56.5 is in neutral territory but trending higher. MACD is bearish (4.12 vs signal 5.06).
Volatility Bollinger Band width at 2.4% indicates low volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Support sits at $759.88 with resistance at $778.56.

Bullish EMA Stack Supports SPY Rally to $769.35

Bullish
Aug 30, 2026 at 12:16 AM • $769.35 (-0.23%)

Bulls Push SPY Above Key EMAs to $769.35

Bullish
Aug 29, 2026 at 12:01 AM • $769.35 (-0.23%)

EMA Crossover Fuels SPY Move to $769.35

Bullish
Aug 28, 2026 at 9:01 PM • $769.35 (-0.23%)
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 -52
Trade Date Jun 1, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.