SPY

SPY
$769.35 -0.23% As of Aug 30, 12:16 AM
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Trade Idea

Strategy
Bull Call
Strikes
$693/694
Expiration
Feb 20
Target ROI
100.0%
Trade Reasoning
The technical indicators for SPY are strongly bullish, with the MACD showing positive momentum and rising, while the short-term EMAs are aligned positively, signaling upward price movement. This is an optimal entry point as the current stock price is at $692.92, just below our lower strike of $693, allowing us to capture potential gains as the stock moves higher. The ATM Bull Call Spread structure enhances our risk/reward profile by targeting a 100% ROI on winning trades while limiting losses to 50%, ensuring disciplined risk management. 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.
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.

Technical Analysis

Bullish EMA Stack Supports SPY Rally to $769.35

Bullish
Aug 30, 2026 at 12:16 AM $769.35 (-0.23%)

SPY (SPY) slipped 0.23% to $769.35 on August 30.

Key indicators suggest a bullish bias:

Momentum RSI at 56.7 is neutral but improving. MACD reads 4.12 against its 5.06 signal line (bearish).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($767.86) supports, 21-day ($764.90) below.
Volatility Bollinger Band width at 2.4% indicates low volatility.

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

The $759.88-$778.56 range defines near-term boundaries.

Bulls Push SPY Above Key EMAs to $769.35

Bullish
Aug 29, 2026 at 12:01 AM $769.35 (-0.23%)

EMA Crossover Fuels SPY Move to $769.35

Bullish
Aug 28, 2026 at 9:01 PM $769.35 (-0.23%)

EMA Crossover Fuels SPY Move to $771.10

Bullish
Aug 27, 2026 at 9:01 PM $771.10 (+0.66%)

SPY MACD Death Cross Forms at $766.08

Bearish
Aug 27, 2026 at 12:14 AM $766.08 (+0.03%)
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 -191
Trade Date Jan 13, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.