SPY

SPY
$767.45 -0.68% As of Aug 19, 12:02 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

SPY Momentum Tide Turns Positive at $767.45

Bullish
Aug 19, 2026 at 12:02 AM $767.45 (-0.68%)

The stock of SPY (SPY) dropped 0.68% to close at $767.45 on August 19.

The technical picture is mixed:

Momentum RSI at 55.8 is in neutral territory but trending lower. MACD reads 7.67 against its 6.87 signal line (bullish).
Moving Averages Mixed signals with price near the 9-day EMA ($769.89). The 21-day EMA sits at $762.53.
Volatility Bollinger Band width at 8.3% indicates low volatility.
Key levels to watch: Support at $727.05, Resistance at $790.31.

SPY Buyers Gain Momentum Edge at $767.45

Bullish
Aug 18, 2026 at 9:01 PM $767.45 (-0.68%)

SPY Rides Bullish EMAs Higher to $772.67

Bullish
Aug 17, 2026 at 9:01 PM $772.67 (-0.48%)

Bulls Push SPY Above Key EMAs to $776.34

Bullish
Aug 16, 2026 at 12:05 AM $776.34 (-0.20%)

SPY Holds Bullish Structure Above $776.34

Bullish
Aug 15, 2026 at 12:03 AM $776.34 (-0.20%)
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 -103
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.