SPY

SPY
$747.03 +0.72% As of Aug 2, 12:38 AM
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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

TTM Squeeze Alert: SPY Primed for Big Move at $747.03

Neutral
Aug 2, 2026 at 12:38 AM $747.03 (+0.72%)

SPY (SPY) gained 0.72% to finish at $747.03 on August 2.

The technical setup looks mixed:

Moving Averages Price hovers around the 9-day EMA ($741.76), while the 21-day ($743.14) provides a key reference.
Momentum RSI at 52.6 is in neutral territory but trending higher. MACD reads -0.81 against its -0.04 signal line (bearish).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Watch $733.09 as support and $758.30 as resistance.

SPY Range Contracts Sharply Near $747.03

Neutral
Aug 1, 2026 at 2:11 AM $747.03 (+0.72%)

SPY Volatility Squeeze Intensifies at $747.03

Neutral
Jul 31, 2026 at 9:00 PM $747.03 (+0.72%)

SPY Range Contracts Sharply Near $741.69

Neutral
Jul 30, 2026 at 9:00 PM $741.69 (+1.68%)

SPY Bands Narrow to Multi-Week Lows at $729.46

Neutral
Jul 29, 2026 at 9:00 PM $729.46 (-1.54%)
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 -9
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.