SPY

SPY
$735.29 +0.32% As of Nov 7, 12:00 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 Fails to Reclaim Moving Averages Near $735.29

Bearish
Nov 7, 2026 at 12:00 AM • $735.29 (+0.32%)

Shares of SPY (SPY) rose 0.32% to $735.29 on November 7.

Technical indicators paint a bearish picture:

Momentum RSI at 35.0 is neutral but weakening. MACD reads -6.07 against its -2.64 signal line (bearish).
Moving Averages Price sits below both the 9-day ($752.39) and 21-day ($759.98) EMAs, suggesting short-term weakness.
Volatility Price has pierced the lower Bollinger Band ($739.54), which often precedes a bounce.

Watch $739.54 as support and $787.19 as resistance.

SPY Tests Lower Support as EMAs Roll Over at $735.36

Bearish
Nov 6, 2026 at 9:01 PM • $735.36 (+0.33%)

SPY Volatility Compresses at $733.00, Breakout Watch

Neutral
Nov 6, 2026 at 12:03 AM • $733.00 (-4.41%)

TTM Squeeze Tightens Grip on SPY at $733.14

Neutral
Nov 5, 2026 at 9:02 PM • $733.14 (-4.40%)

Traders Watch SPY Squeeze Closely at $766.82

Neutral
Nov 4, 2026 at 9:01 PM • $766.82 (+1.66%)
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 -190
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.