SPY

SPY
$733.73 -0.67% As of May 20, 12:42 AM
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Trade Idea

Strategy
Bull Call
Strikes
$650/651
Expiration
May 8
Target ROI
100.0%
Trade Reasoning
The bullish technical indicators, particularly the positive and rising MACD, signal a strong upward momentum in SPY's price, making this an opportune entry point. The current stock price of $649.63 is just below the lower strike of $650, allowing for immediate potential gains as the stock rallies. The bull call spread structure enhances the risk/reward profile by limiting downside risk while providing a high probability of profit, targeting a favorable ROI with controlled losses. 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

Sell Signal: SPY MACD Turns Bearish at $733.73

Bearish
May 20, 2026 at 12:42 AM $733.73 (-0.67%)

SPY (SPY) fell 0.67% to finish at $733.73 on May 20.

Key indicators suggest a bearish bias:

Moving Averages Mixed signals with price near the 9-day EMA ($736.10). The 21-day EMA sits at $724.95.
Momentum RSI at 61.7 is neutral but weakening. MACD is bearish (13.21 vs signal 14.06).
Volatility Bollinger Band width at 6.8% indicates low volatility.
Key levels to watch: Support at $702.11, Resistance at $751.46.

Technical Momentum Favors SPY Bears at $733.73

Bearish
May 19, 2026 at 9:00 PM $733.73 (-0.67%)

Moving Averages Propel SPY to $738.65

Bullish
May 19, 2026 at 2:20 AM $738.65 (-0.07%)

SPY Breaks Out at $738.65 as Moving Averages Align

Bullish
May 18, 2026 at 9:00 PM $738.65 (-0.07%)

SPY Technical Picture Brightens at $739.17

Bullish
May 17, 2026 at 12:06 AM $739.17 (-1.21%)
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 -12
Trade Date Apr 2, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.