SPY

SPY
$747.41 -0.12% As of Jul 23, 12:34 AM
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Trade Idea

Strategy
Bull Call
Strikes
$706/707
Expiration
May 29
Target ROI
100.0%
Trade Reasoning
The current price of SPY at $705.58 indicates a favorable entry point for a Bull Call Spread with strikes at $706 and $707, as it is just below the lower strike, positioning the trade to profit from a potential upward movement. The absence of identified technical risk factors reinforces the bullish sentiment, allowing for a strong likelihood of the stock rising past the sold call strike. This ATM spread structure offers an attractive risk/reward scenario, as it targets a significant ROI while maintaining a defined risk profile. 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.

Technical Analysis

Energy Building: SPY Consolidates Tightly at $747.41

Neutral
Jul 23, 2026 at 12:34 AM $747.41 (-0.12%)

Shares of SPY (SPY) declined 0.12% to $747.41 on July 23.

Technical indicators paint a bearish picture:

Moving Averages Mixed signals with price near the 9-day EMA ($747.58). The 21-day EMA sits at $746.42.
Momentum RSI at 51.9 is neutral but weakening. MACD is bearish (1.85 vs signal 2.45).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Support sits at $732.02 with resistance at $759.33.

SPY Volatility Dries Up Near $747.41, Direction TBD

Neutral
Jul 22, 2026 at 9:00 PM $747.41 (-0.12%)

Energy Building: SPY Consolidates Tightly at $748.28

Neutral
Jul 21, 2026 at 9:00 PM $748.28 (+0.84%)

SPY Volatility Squeeze Intensifies at $742.09

Neutral
Jul 20, 2026 at 9:00 PM $742.09 (-0.17%)

TTM Squeeze Alert: SPY Primed for Big Move at $743.29

Neutral
Jul 19, 2026 at 1:00 AM $743.29 (-0.99%)
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 -55
Trade Date Apr 21, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.