SPY

SPY
$761.69 +0.13% As of Sep 21, 12:21 AM
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Trade Idea

Strategy
Bull Call
Strikes
$770/771
Expiration
Oct 30
Target ROI
100.0%
Trade Reasoning
The current stock price of $769.22 positions the SPY close to the $770 strike, making this an optimal entry point for a bull call spread. With no identified technical risk factors and a strong likelihood of upward movement, this trade targets a significant return with minimal downside risk. The ATM spread structure enhances the risk/reward profile by allowing for a high ROI while maintaining disciplined risk management through our exit rules. 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

Volatility Contraction Sets Up SPY Move Near $761.69

Neutral
Sep 21, 2026 at 12:21 AM $761.69 (+0.13%)

SPY (SPY) closed up 0.13% at $761.69 on September 21.

From a technical standpoint, the outlook appears mixed:

Moving Averages Price hovers around the 9-day EMA ($761.06), while the 21-day ($762.70) provides a key reference.
Momentum RSI at 49.0 is neutral but improving. MACD is bearish (-0.73 vs signal 0.51).
Volatility Volatility has been compressing for 15 sessions (TTM Squeeze active), often a precursor to directional moves.
Key levels to watch: Support at $754.82, Resistance at $773.60.

SPY Volatility Squeeze Intensifies at $761.69

Neutral
Sep 20, 2026 at 1:34 AM $761.69 (+0.13%)

Breakout Alert: SPY Squeeze Intensifies at $761.69

Neutral
Sep 19, 2026 at 12:01 AM $761.69 (+0.13%)

SPY Consolidation Compresses at $761.69

Neutral
Sep 18, 2026 at 9:01 PM $761.69 (+0.13%)

SPY Volatility Compresses at $762.60, Breakout Watch

Neutral
Sep 17, 2026 at 9:03 PM $762.60 (+1.14%)
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 38
Trade Date Sep 21, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.