SPY

SPY
$773.38 -0.02% As of Sep 23, 12:10 AM
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Trade Idea

Strategy
Bull Call
Strikes
$655/656
Expiration
May 1
Target ROI
100.0%
Trade Reasoning
The Bull Call Spread on SPY is a strategic play based on the positive and rising MACD, signaling strong bullish momentum in the stock's price direction. With the current stock price at $654.48, entering the spread at this level allows us to capitalize on an anticipated upward movement while limiting our risk. The ATM spread structure enhances our risk/reward profile, as it targets a high ROI with minimal exposure to potential losses, aligning perfectly with Maya's disciplined trade management approach. 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.

Technical Analysis

SPY Bands Narrow to Multi-Week Lows at $773.38

Neutral
Sep 23, 2026 at 12:10 AM $773.38 (-0.02%)

SPY (SPY) closed near unchanged at $773.38 on September 23.

Chart analysis reveals a bullish configuration:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $765.51 and 21-day at $764.56.
Momentum RSI at 58.4 is in neutral territory but trending higher. MACD reads 1.03 against its 0.57 signal line (bullish).
Volatility Volatility has been compressing for 17 sessions (TTM Squeeze active), often a precursor to directional moves.

Technical levels: $754.21 support, $775.98 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 -145
Trade Date Mar 26, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.