SPY

SPY
$769.64 +0.74% As of Oct 5, 12:03 AM
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Trade Idea

Strategy
Bull Call
Strikes
$655/656
Expiration
May 15
Target ROI
100.0%
Trade Reasoning
The SPY Bull Call Spread is well-positioned for an upward price movement, supported by a bullish MACD that is both positive and rising, indicating strong momentum. Entering this trade at $654.04, just below the lower strike of $655, provides an advantageous entry point as the stock is poised to break through resistance. The ATM spread structure enhances the risk/reward profile, allowing for a high probability of profit while maintaining limited risk to capital. 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 Range Contracts Sharply Near $769.64

Neutral
Oct 5, 2026 at 12:03 AM • $769.64 (+0.74%)

SPY (SPY) advanced 0.74%, ending the session at $769.64 on October 5.

Key indicators suggest a bullish bias:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($766.17) supports, 21-day ($765.53) below.
Momentum RSI at 54.9 is in neutral territory but trending higher. MACD is bearish (0.85 vs signal 0.88).
Volatility A 20-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.

Support sits at $754.40 with resistance at $775.07.

SPY Coiled Spring Ready to Release at $769.64

Neutral
Oct 4, 2026 at 12:06 AM • $769.64 (+0.74%)

SPY Volatility Squeeze Intensifies at $769.64

Neutral
Oct 3, 2026 at 12:00 AM • $769.64 (+0.74%)

SPY Volatility Compresses at $769.64, Breakout Watch

Neutral
Oct 2, 2026 at 9:01 PM • $769.64 (+0.74%)

Volatility Contraction Sets Up SPY Move Near $763.99

Neutral
Oct 1, 2026 at 9:01 PM • $763.99 (+0.18%)
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 -143
Trade Date Apr 7, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.