SPY

SPY
$773.93 -0.43% As of Oct 9, 12:09 AM
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Trade Idea

Strategy
Bull Call
Strikes
$695/696
Expiration
Mar 6
Target ROI
100.0%
Trade Reasoning
The bullish indicators from the MACD and positive short-term EMAs signal that SPY is likely to continue its upward momentum, making this an opportune entry point for a Bull Call Spread. By utilizing an ATM structure with strikes at $695 and $696, the trade captures the potential for profit with a favorable risk/reward ratio, minimizing downside exposure while targeting a significant return as the stock rises above $695. 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 $773.93

Bullish
Oct 9, 2026 at 12:09 AM • $773.93 (-0.43%)

Shares of SPY (SPY) declined 0.43% to $773.93 on October 9.

From a technical standpoint, the outlook appears bullish:

Momentum RSI at 56.3 is showing no strong directional bias. MACD is bullish (2.86 vs signal 1.83).
Moving Averages The stock holds above both the 9-day ($772.03) and 21-day ($768.91) EMAs, confirming the uptrend.
Volatility Bollinger Band width at 3.5% indicates low volatility.

Support sits at $753.91 with resistance at $780.43.

SPY Technical Picture Brightens at $773.93

Bullish
Oct 8, 2026 at 9:01 PM • $773.93 (-0.43%)

SPY Rallies to $777.22 on Bullish EMA Alignment

Bullish
Oct 7, 2026 at 9:01 PM • $777.22 (-0.24%)

Energy Building: SPY Consolidates Tightly at $779.09

Neutral
Oct 7, 2026 at 1:14 AM • $779.09 (+0.55%)

SPY Consolidation Compresses at $779.09

Neutral
Oct 6, 2026 at 9:01 PM • $779.09 (+0.55%)
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 -217
Trade Date Jan 28, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.