SPY

SPY
$768.56 -0.16% As of Aug 7, 12:37 AM
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Trade Idea

Strategy
Bull Call
Strikes
$732/733
Expiration
Jun 12
Target ROI
100.0%
Trade Reasoning
The SPY bull call spread is positioned to capitalize on a minor upward movement in price, as the current stock price is very close to the lower strike of $732. With no identified technical risk factors, this entry point serves as a favorable opportunity to exploit potential gains with limited downside exposure. The ATM spread structure enhances the risk/reward profile, allowing for high ROI while maintaining tight losses through disciplined exit strategies. 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

EMA Crossover Fuels SPY Move to $768.56

Bullish
Aug 7, 2026 at 12:37 AM $768.56 (-0.16%)

The stock of SPY (SPY) dropped 0.16% to close at $768.56 on August 7.

The technical setup looks bullish:

Moving Averages Price trades above the 9-day EMA ($757.02) with a bullish stack. The 21-day EMA at $750.77 provides support.
Momentum RSI at 63.8 is in neutral territory but trending higher. MACD is bullish (5.08 vs signal 2.03).
Volatility Bollinger Band width at 5.8% indicates low volatility.

Support sits at $727.47 with resistance at $771.04.

SPY Rides Bullish EMAs Higher to $768.56

Bullish
Aug 6, 2026 at 9:00 PM $768.56 (-0.16%)

Technical Strength: SPY Clears Moving Averages at $769.79

Bullish
Aug 5, 2026 at 9:00 PM $769.79 (-0.20%)

Traders Watch SPY Squeeze Closely at $771.33

Neutral
Aug 5, 2026 at 12:14 AM $771.33 (+1.81%)

SPY Coiled Spring Ready to Release at $771.33

Neutral
Aug 4, 2026 at 9:00 PM $771.33 (+1.81%)
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 -56
Trade Date May 7, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.