$SPY Out of curiosity from my last post, I decided to see how much a 240 put for Jan 2021 would cost. Last price is $2.29. Thats a darn high premium for a move that seems damn near impossible. As a comparison, what would the price of a call be for an equivalent 90 point move to the upside to 420 be for the same Jan 2021 target date? $.17. Seems the market is priced for a considerable move to the downside. Ill post the second screenshot in the comments.