Trade Ideas
UOA PRO Update SPY 8-7
138,230 14August 780 calls bought for 1.58 above open interest of 5,775 contracts; 138,230 14August 788 calls sold for 0.38 above open interest of 258 contracts. Rolled from 82,908 14August 775 calls sold for 3.22-3.21, opened on Log 08/04. Stock 771.70.
Status Update
Ticker: SPY
Stock: 771.32
Expiration Date: 14AUG
NEW UOA: 138,230 14August 780 calls bought for 1.58 above open interest of 5,775 contracts; 138,230 14August 788 calls sold for 0.38 above open interest of 258 contracts. Rolled from 82,908 14August 775 calls sold for 3.22-3.21, opened on Log 08/04. Stock 771.70.
UOA PRO New Trade Idea SPY 8-4
Ticker: SPY
Type: Bullish Call Roll
Stock: 772.98
New Trade Idea
Ticker: SPY
Stock: 772.98
Trigger: 773.41
Targets/Resistance: 778.71, 792.20
Expiration Date: 21AUG
UOA:
08/04/2026 3:17:23 PM SPY Bullish Call Roll 772.98 71,854 21August 785 calls bought for 3.91 above open interest of 4,062; 55,276 21August 775 calls sold for 7.80-7.79 below open interest of 82,982 contracts. Stock 771.28. ETF
08/04/2026 11:23:01 AM SPY Bullish Call Buying 767.24 120,000 14August 775 calls bought in mostly one print of 49,745 for 3.08 to 3.53 above open interest of 2,721 contracts. Stock 766.59-767.32. ETF
SPY $772.31 Last.
2 massive near term upside call hits. Can’t be ignored with this Ethel Merman market squeezing up like there’s “no tomorrr-uh”. The Strait news that didn’t seem to bother the market very much for the longest time is the latest headline that has sent shorts scrambling and brought back the bulls’ swagger. In this past weekend’s video we noted that bulls had the ball in their court at last week’s end and the market was there for the taking. To their credit they’ve done so, wasted no time in doing so and seem ready to keep pressing even if we are a little ST in the OB right now.
Trigger: $773.41, current ATH.
Strategy 1: Consider the SPY 21Aug. 775.00-795.00 call spread for $6.65 projected at trigger level today. Uncappable.
Targets: 778.71, 792.20