SPY

SPY
$769.35 -0.23% As of Aug 31, 12:16 AM
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Trade Idea

Strategy
Bull Call
Strikes
$767/768
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY is just below $767, making this an ideal entry point for a Bull Call Spread as it is positioned at-the-money, maximizing the potential for profit as the underlying moves higher. With no identified technical risk factors, this setup supports a bullish outlook, allowing traders to capitalize on upward momentum. The ATM spread structure enhances the risk/reward profile, as the loss is limited to the premium paid while the upside potential remains significant. 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 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%)

EMA Crossover Fuels SPY Move to $771.10

Bullish
Aug 27, 2026 at 9:01 PM • $771.10 (+0.66%)
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp 38
Trade Date Aug 31, 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.