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SPY Options Are Pricing a ±$9 Move Into August 21 — Our Read Says Neutral, the Chart Says Higher

SPY Options Are Pricing a ±$9 Move Into August 21 — Our Read Says Neutral, the Chart Says Higher

Published 1 month, 4 weeks ago
Description

State Street SPDR S&P 500 ETF Trust — ticker SPY — here's the setup heading into the back half of this week, current as of August 16, 2026. Shares closed at $776.03. Our read on the options market is neutral — genuinely split, not a hidden lean. The options crowd is pricing a window of roughly $766.70 to $785.35 by the August 21 expiration. That's the map. And the map breaks if SPY closes…

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