This is only an example SPY support and resistance levels based on the Pivot Points. It does not mean that we use SPY Pivot Points to set stop-loss or target exit in our SPY uncovered options signals. Managing our SPY system is more complex as it cover aspects of uncovered options - such as how much time left to the expiration, how far the strike price is from the current SPY price - plus it covers many other technical indicators applied to the S&P 500 index (SPY tracks this index).
Support / Resistance | Daily SPY Pivots | Current Close |
Resistance #4 | 633.71 | |
Midpoint | 626.29 | |
Resistance #3 | 618.86 | |
Midpoint | 611.44 | |
Resistance #2 | 604.01 | |
Midpoint | 600.72 | |
Resistance #1 | 597.42 | |
Midpoint | 593.29 | 590.83 |
Pivot Point | 589.16 | |
Midpoint | 585.87 | |
Suppport #1 | 582.57 | |
Midpoint | 578.44 | |
Support #2 | 574.31 | |
Midpoint | 566.89 | |
Support #3 | 559.46 | |
Midpoint | 552.04 | |
Support #4 | 544.61 |
Support / Resistance | Weekly SPY Pivots | Current Close |
Resistance #4 | 673.78 | |
Midpoint | 660.34 | |
Resistance #3 | 646.91 | |
Midpoint | 633.47 | |
Resistance #2 | 620.04 | |
Midpoint | 612.74 | |
Resistance #1 | 605.43 | |
Midpoint | 599.30 | |
Pivot Point | 593.17 | 590.83 |
Midpoint | 585.87 | |
Suppport #1 | 578.56 | |
Midpoint | 572.43 | |
Support #2 | 566.30 | |
Midpoint | 552.86 | |
Support #3 | 539.43 | |
Midpoint | 525.99 | |
Support #4 | 512.56 |
Support / Resistance | Monthly SPY Pivots | Current Close |
Resistance #4 | 678.11 | |
Midpoint | 664.03 | |
Resistance #3 | 649.94 | |
Midpoint | 635.86 | |
Resistance #2 | 621.77 | |
Midpoint | 614.04 | |
Resistance #1 | 606.30 | |
Midpoint | 599.95 | |
Pivot Point | 593.60 | 590.83 |
Midpoint | 585.87 | |
Suppport #1 | 578.13 | |
Midpoint | 571.78 | |
Support #2 | 565.43 | |
Midpoint | 551.35 | |
Support #3 | 537.26 | |
Midpoint | 523.18 | |
Support #4 | 509.09 |
Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.