SPY

SPY
$759.97 -0.53% As of Oct 23, 9:01 PM
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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 Coils in TTM Squeeze at $759.97, Breakout Imminent

Neutral
Oct 23, 2026 at 9:01 PM • $759.97 (-0.53%)

SPY (SPY) closed down 0.53% at $759.97 on October 23.

Technical indicators paint a bearish picture:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $767.52, resistance at 21-day ($768.80).
Momentum RSI at 41.6 is in neutral territory but trending lower. MACD is bearish (-0.33 vs signal 1.18).
Volatility A 8-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Traders are watching $758.08 on the downside and $782.22 on the upside.

SPY Consolidation Compresses at $763.96

Neutral
Oct 22, 2026 at 9:01 PM • $763.96 (-1.19%)

Breakout Alert: SPY Squeeze Intensifies at $773.09

Neutral
Oct 21, 2026 at 9:01 PM • $773.09 (+0.53%)

SPY Enters Squeeze Mode at $769.05

Neutral
Oct 20, 2026 at 9:01 PM • $769.05 (+0.34%)

SPY Downside Momentum Builds Near $766.48

Bearish
Oct 20, 2026 at 12:00 AM • $766.48 (+0.43%)
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 -7
Trade Date Sep 8, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.