SPY

SPY
$757.39 -0.46% As of Sep 16, 1:34 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$745/746
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $744.76 is very close to our selected lower strike of $745, making this an ideal entry point for a Bull Call Spread as we capitalize on a potential upward move. With no identified technical risk factors, the environment is favorable for a bullish outlook. The ATM spread structure allows us to maintain a strong risk/reward profile, targeting significant returns while keeping potential losses minimal through disciplined trade management. 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

Energy Building: SPY Consolidates Tightly at $757.39

Neutral
Sep 16, 2026 at 1:34 AM $757.39 (-0.46%)

Shares of SPY (SPY) declined 0.46% to $757.39 on September 16.

From a technical standpoint, the outlook appears bearish:

Momentum RSI at 44.6 is neutral but weakening. MACD reads 0.02 against its 1.70 signal line (bearish).
Moving Averages Price sits below both the 9-day ($762.67) and 21-day ($763.90) EMAs, suggesting short-term weakness.
Volatility A 12-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
Key levels to watch: Support at $757.22, Resistance at $773.46.

SPY Bands Narrow to Multi-Week Lows at $757.39

Neutral
Sep 15, 2026 at 9:01 PM $757.39 (-0.46%)

SPY Coiled Spring Ready to Release at $760.88

Neutral
Sep 14, 2026 at 9:03 PM $760.88 (-0.45%)

Volatility Contraction Sets Up SPY Move Near $764.29

Neutral
Sep 13, 2026 at 2:18 AM $764.29 (+0.86%)

SPY Range Contracts Sharply Near $764.29

Neutral
Sep 12, 2026 at 12:16 AM $764.29 (+0.86%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

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

Use code:
HEADSTART50
50% off your first month

Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -54
Trade Date Jun 18, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.