It will go down to below $200 next month, for sure.
Sentiment: Strong Sell
It is absolutely a over-pumped market. SPY will go back to below $180 shortly.
All of my SPY put options are in the good shape right now.
I got in weekly $185.5P & $185P; and 3/7, 3/14, and 3/21 $185P when SPY was over $186 today.