SPY

SPY
$770.19 -0.39% As of Sep 8, 12:30 AM
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Trade Idea

Strategy
Bull Call
Strikes
$767/768
Expiration
Oct 16
Target ROI
100.0%
Trade Reasoning
The SPY Bull Call Spread at $767/$768 is a strong entry point, as it capitalizes on the stock's current price of $766.94, positioning us just below the ATM level with room for upward movement. The absence of identified technical risk factors indicates a favorable environment for a bullish position, allowing us to target significant upside with controlled risk. The ATM spread structure enhances our risk/reward profile, providing a high potential return on investment while limiting losses. 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 Consolidation Compresses at $770.19

Neutral
Sep 8, 2026 at 12:30 AM • $770.19 (-0.39%)

The stock of SPY (SPY) dropped 0.39% to close at $770.19 on September 8.

Chart analysis reveals a mixed configuration:

Momentum RSI at 55.6 is in neutral territory. MACD is bearish (3.08 vs signal 3.75).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($768.14) supports, 21-day ($766.02) below.
Volatility Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

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

Technical levels: $760.41 support, $777.70 resistance.

Energy Building: SPY Consolidates Tightly at $770.19

Neutral
Sep 7, 2026 at 9:01 PM • $770.19 (-0.39%)

Low Volatility Setup: SPY Squeezes at $770.19

Neutral
Sep 6, 2026 at 1:34 AM • $770.19 (-0.39%)

SPY Consolidation Compresses at $770.19

Neutral
Sep 5, 2026 at 12:03 AM • $770.19 (-0.39%)

Energy Building: SPY Consolidates Tightly at $770.19

Neutral
Sep 4, 2026 at 9:01 PM • $770.19 (-0.39%)
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 37
Trade Date Sep 8, 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.