SPY

SPY
$771.79 +0.29% As of Oct 16, 12:00 AM
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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

SPY Momentum Tide Turns Negative at $771.79

Bearish
Oct 16, 2026 at 12:00 AM • $771.79 (+0.29%)

The stock of SPY (SPY) climbed 0.29% to close at $771.79 on October 16.

The technical setup looks bearish:

Momentum RSI at 52.6 is neutral but weakening. MACD is bearish (2.69 vs signal 2.71).
Moving Averages Mixed signals with price near the 9-day EMA ($773.52). The 21-day EMA sits at $771.14.
Volatility Bollinger Band width at 2.9% indicates low volatility.

Support sits at $760.09 with resistance at $782.12.

Caution: SPY MACD Histogram Turns Red at $771.79

Bearish
Oct 15, 2026 at 9:01 PM • $771.79 (+0.29%)

SPY MACD Signals Upside at $769.60

Bullish
Oct 15, 2026 at 12:07 AM • $769.60 (-1.09%)

SPY Buyers Gain Momentum Edge at $769.60

Bullish
Oct 14, 2026 at 9:01 PM • $769.60 (-1.09%)

SPY Holds Bullish Structure Above $778.01

Bullish
Oct 13, 2026 at 9:01 PM • $778.01 (-0.02%)
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 -98
Trade Date Jun 1, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.