SPY

SPY
$733.24 -0.05% As of Jun 24, 9:00 PM
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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 Coiled Spring Ready to Release at $733.24

Neutral
Jun 24, 2026 at 9:00 PM $733.24 (-0.05%)

Shares of SPY (SPY) held steady at $733.24 on June 24.

The technical setup looks bearish:

Momentum RSI at 46.7 is neutral but weakening. MACD is bearish (1.46 vs signal 3.93).
Moving Averages Moving averages are stacked bearishly—price below the 9-day at $740.48, resistance at 21-day ($741.17).
Volatility A 11-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

The $726.08-$765.11 range defines near-term boundaries.

SPY Volatility Squeeze Intensifies at $733.58

Neutral
Jun 23, 2026 at 9:00 PM $733.58 (-1.46%)

SPY Coils in TTM Squeeze at $744.39, Breakout Imminent

Neutral
Jun 22, 2026 at 9:01 PM $744.39 (-0.32%)

SPY Coiled Spring Ready to Release at $746.74

Neutral
Jun 21, 2026 at 1:02 AM $746.74 (+1.04%)

SPY Tightening Range Signals Pending Move at $746.74

Neutral
Jun 20, 2026 at 12:00 AM $746.74 (+1.04%)
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 -54
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.