cmeg . . . would you go back and change it to 5 stars if it made you 78%?
S&P would need to move 70 points averaging up days, down days, this would take a bout 10 - 20 trading sessions to make it to 1144ish. The range would depend on MM buying into the faux rally. Keep in mind 30% of the money in this market are traders like you and I who aren't "investing" in anything.
I'm surprised you guys didn't LOL me off the board. Thanks for the consideration of the idea. Decay of financially leveraged instruments is not figured into my numbers. 78% would decay to 66% to 70% pofit IF it went as theorized.