SPDR S&P 500 (SPY)

[unbiased_fella]

Hello fellow traders

I´ve read many of you are very skillful with stock and options trading. If anybody would like to give their opinion to these thoughts I´d be glad to know them.

I think the market is way overvalued as it is, I once relied 100% on technical analysis when trading but have learned the hard way that politics, the FED, the banks and the global environment in general have a HUGE impact on the stockmarket.

I believe that in short-medium term there will be a major market correction (if not a crash).

Relatively new to options trading, currently holding 6 SPY 200 Dec16 Puts @1.83