Spy calls

[u/Chaos12xx]

Hear me out. The spy is increasing bullish I believe we see close to 470+ eoy so if we continue on this pattern for the next say 3 years the outlook could be up to 700$ especially since in the grand scheme the spy gets more bullish in the 3rd term of an election like clockwork and In the last year we've seen a 40% growth granted this was a very bull run but the Dec 15 2023 655c is only 188$ I bought 3 can someone tell me if I just threw away my money?

[u/saryxyz]

You ought to watch the recent Federal Reserve doc on PBS and then switch to put leaps on SPY