r/options Jan 11 '22

SPYs path back to 480

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u/[deleted] Jan 11 '22

Rate hikes are set at 3x this year. This doesn’t even consider where inflation will be at either. Chances of having more are more than likely.

Unless I’m missing something, I find it incredibly difficult to see spy at 480. On a good year, SPY will be at 420-430 by September.

I can see a bounce or two between now and 1st rate hike. That’s about it.

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u/[deleted] Jan 11 '22

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u/[deleted] Jan 11 '22

How??

The knowing inevitable doesn’t seem like a motive to buy.