SPY

SPY
$744.39 -0.32% As of Jun 23, 12:13 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

SPY Coiled Spring Ready to Release at $744.39

Neutral
Jun 23, 2026 at 12:13 AM • $744.39 (-0.32%)

SPY (SPY) retreated 0.32%, ending the session at $744.39 on June 23.

From a technical standpoint, the outlook appears bearish:

Momentum RSI at 53.3 is in neutral territory but trending lower. MACD reads 3.53 against its 5.09 signal line (bearish).
Moving Averages The 9-day EMA ($744.47) and 21-day ($742.80) offer no clear directional bias currently.
Volatility A 9-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Technical levels: $729.24 support, $764.89 resistance.

SPY Coils in TTM Squeeze at $744.39, Breakout Imminent

Neutral
Jun 22, 2026 at 9:01 PM • $744.39 (-0.32%)

SPY Coiled Spring Ready to Release at $746.74

Neutral
Jun 21, 2026 at 1:02 AM • $746.74 (+1.04%)

SPY Tightening Range Signals Pending Move at $746.74

Neutral
Jun 20, 2026 at 12:00 AM • $746.74 (+1.04%)

SPY Bands Narrow to Multi-Week Lows at $746.74

Neutral
Jun 19, 2026 at 9:00 PM • $746.74 (+1.04%)
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -11
Trade Date May 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.