SPY

SPY
$767.81 -0.72% As of Sep 23, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$769/770
Expiration
Oct 30
Target ROI
100.0%
Trade Reasoning
The current stock price of SPY at $768.63 is just below the lower strike of our bull call spread at $769, making this an optimal entry point as it allows us to capitalize on a potential upward movement with minimal downside risk. With no identified technical risk factors, the market conditions are favorable for a bullish stance. The ATM spread structure offers an attractive risk/reward profile, allowing us to realize significant gains while keeping losses to a minimum due to Maya's disciplined trade management strategies. 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 $767.81, Breakout Imminent

Neutral
Sep 23, 2026 at 9:01 PM $767.81 (-0.72%)

SPY (SPY) closed down 0.72% at $767.81 on September 23.

Key indicators suggest a bullish bias:

Moving Averages Price trades above the 9-day EMA ($765.97) with a bullish stack. The 21-day EMA at $764.86 provides support.
Momentum RSI at 53.0 is neutral but improving. MACD reads 1.17 against its 0.69 signal line (bullish).
Volatility Stock has been in a TTM Squeeze for 18 days, indicating compressed volatility and potential for a significant move.

Technical levels: $754.24 support, $776.13 resistance.

Energy Building: SPY Consolidates Tightly at $773.38

Neutral
Sep 22, 2026 at 9:01 PM $773.38 (-0.02%)

SPY Volatility Compresses at $773.50, Breakout Watch

Neutral
Sep 21, 2026 at 9:01 PM $773.50 (+1.55%)

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%)
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 36
Trade Date Sep 23, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.