SPY

SPY
$762.60 -0.84% As of Aug 21, 12:10 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

Sell Signal: SPY MACD Turns Bearish at $762.60

Bearish
Aug 21, 2026 at 12:10 AM $762.60 (-0.84%)

SPY (SPY) fell 0.84% to finish at $762.60 on August 21.

The technical setup looks bearish:

Moving Averages Price hovers around the 9-day EMA ($768.30), while the 21-day ($763.08) provides a key reference.
Momentum RSI at 51.0 is in neutral territory but trending lower. MACD is bearish (6.23 vs signal 6.80).
Volatility Bollinger Band width at 7.9% indicates low volatility.

Watch $731.08 as support and $790.89 as resistance.

SPY Bears Gain Edge as Momentum Fades at $762.60

Bearish
Aug 20, 2026 at 9:01 PM $762.60 (-0.84%)

SPY Upside Momentum Accelerates at $769.06

Bullish
Aug 20, 2026 at 12:42 AM $769.06 (+0.21%)

MACD Confirms SPY Uptrend at $769.06

Bullish
Aug 19, 2026 at 9:01 PM $769.06 (+0.21%)

SPY Buyers Gain Momentum Edge at $767.45

Bullish
Aug 18, 2026 at 9:01 PM $767.45 (-0.68%)
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 -98
Trade Date Apr 7, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.