ABSTRACT The Sun’s history is still a subject of interest to modern astrophysics. Observationally constrained rates of Coronal Mass Ejections (CMEs) of young solar analogues are still lacking, as those require dedicated monitoring. We present medium-resolution optical spectroscopic monitoring of a small sample of bright and prominent solar analogues over a period of 3 yr using the 0.5-m telescope at observatory Lustbühel Graz (OLG) of the University of Graz, Austria. The aim is the detection of flares and CMEs from those spectra. In more than 1700 h of spectroscopic monitoring, we found signatures of four flares and one filament eruption on EK Dra which has been reported in previous literature, but we complementarily extended the data to cover the latter phase. The other stars did not reveal detectable signatures of activity. For these non-detections, we derive upper limits of occurrence rates of very massive CMEs, which are detectable with our observational setup, ranging from 0.1 to 2.2 d−1, but these may be even smaller than the given rates considering observational biases. Furthermore, we investigate the detectability of flares/CMEs in OLG spectra by utilizing solar 2D Hα spectra from Mees Solar Observatory. We find that solar-sized events are not detectable within our observations. By scaling up the size of the solar event, we show that with a fractional active region area of 18 per cent in residual spectra and 24 per cent in equivalent width time series derived from the same residuals that solar events are detectable if they had hypothetically occurred on HN Peg.