Lol. So the zero risk crew has been winning. Doubt it will fade tomorrow. There will be a fake fade at the open 9:35-9:45 and then it will V and rip till about 10:30. a small pullback at 10:30-10:45 then a V and will consolidate most of the day. Will hit the high around 2:45 and will retrace a little the final 30 of the day, but still a green candle. QQQ probably ends up $12-$13. Will touch 500, but probably close below. Puts have lost value nearly every day for 3 straight weeks. Every put has been absolutely destroyed. Probably 80-90% of the value erased. Good luck with the short. This market can't go down. The beauty of the up days is it can go weeks or months without a real down day, but if you go through a rare "bearish trend" (can't even say bear market's since that's never going to be a thing anymore) you are always getting those large green days thrown in. So really there's ZERO risk.
Also, if it were to gap down this much rather than up, this board would be alive and people would be panicking. It would also be a lock that it would close above the open and a really good chance of reversing green (especially on a Monday). However, we will see the double standard. Since it's up it can just melt up with no need to go down. That's the thing. Down = automatic up, but up doesn't necessarily have to go lower. This is the most extreme Monday gap up we've seen in a very long time.
Back to GREED.... This was near 0 a few weeks ago. Now greed is back, overbought conditions now rule.....few weeks ago no one wanted the SPY at 500 now they are tripping over themselves trying to jump in at 575....ahhhh hahahahahah https://edition.cnn.com/markets/fear-and-greed
Puts have a volatility component, so price decrease + vol increase both contribute to its price increase. No hurry to buy today, I'm looking to add on Tues close or Wed open. Wed/Thurs is reversal day