SPDR S&P 500 (SPY)

[USDollar]

SPY is grinding, but not on some metrics I have where it is moving at a breakneck speed of 300-400% above its own valuations.

Unless they push and push and take SPY parabolic it will correct anywhere between -3% to -5% in a hurry

I have no fear or slightest doubt standing behind these metrics
Even the darn chart screams distribution.

Question1 is, are people afraid to load calls when that correction soon will happen?!

Question2 is, are the people that will buy the calls hold on to them for bigger pay, or chicken out at the slightest big-boys market wiggle and sell them cheap?!

We will quite soon be there IMO