SPY

SPY
$692.24 +0.28% As of Jan 16, 12:03 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

SPY Holds Bullish Structure Above $692.24

Bullish
Jan 16, 2026 at 12:03 AM $692.24 (+0.28%)

Shares of SPY (SPY) rose 0.28% to $692.24 on January 16.

The technical picture is bullish:

Momentum RSI at 56.1 is in neutral territory but trending lower. MACD reads 3.15 against its 2.85 signal line (bullish).
Moving Averages Bullish EMA alignment intact with price above the 9-day at $691.07 and 21-day at $687.53.
Volatility Bollinger Band width at 3.6% indicates low volatility.

Watch $674.98 as support and $699.43 as resistance.

SPY Extends Rally on EMA Support Near $692.02

Bullish
Jan 15, 2026 at 9:02 PM $692.02 (+0.24%)

SPY Buyers Gain Momentum Edge at $690.36

Bullish
Jan 14, 2026 at 9:02 PM $690.36 (-0.50%)

Strong Hands Lift SPY Above EMAs to $695.16

Bullish
Jan 13, 2026 at 1:19 AM $695.16 (+0.16%)

SPY Rallies to $694.07 on Bullish EMA Alignment

Bullish
Jan 12, 2026 at 12:42 AM $694.07 (+0.67%)
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 34
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.