SPY

SPY
$774.83 +0.68% As of Oct 6, 12:35 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$780/781
Expiration
Nov 13
Target ROI
100.0%
Trade Reasoning
The current price of SPY at $779.79 is just below the lower strike call at $780, providing an optimal entry point for a Bull Call Spread as it sets us up for a breakout above this level. The absence of identified risk factors enhances the likelihood of a price rise, making this a favorable setup. The ATM spread structure allows us to leverage limited risk while targeting significant returns, with the potential for a 94%+ ROI on a successful trade. 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 $774.83, Breakout Imminent

Neutral
Oct 6, 2026 at 12:35 AM • $774.83 (+0.68%)

SPY (SPY) closed up 0.68% at $774.83 on October 6.

Key indicators suggest a bullish bias:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($767.90) supports, 21-day ($766.38) below.
Momentum RSI at 59.3 is neutral but improving. MACD is bullish (1.49 vs signal 1.01).
Volatility A 20-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
Key levels to watch: Support at $753.97, Resistance at $775.97.

Low Volatility Setup: SPY Squeezes at $774.83

Neutral
Oct 5, 2026 at 9:01 PM • $774.83 (+0.68%)

SPY Coiled Spring Ready to Release at $769.64

Neutral
Oct 4, 2026 at 12:06 AM • $769.64 (+0.74%)

SPY Volatility Squeeze Intensifies at $769.64

Neutral
Oct 3, 2026 at 12:00 AM • $769.64 (+0.74%)

SPY Volatility Compresses at $769.64, Breakout Watch

Neutral
Oct 2, 2026 at 9:01 PM • $769.64 (+0.74%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp 37
Trade Date Oct 6, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.