1. New ATH is safe. SPY will exceed the current highs even if a pullback starts tomorrow.
2. Expecting new highs in the near future.
3. Risk of 3-5% correction...Moderate to High [note divergences in TPM]
4. VST, market moves randomly. If you can catch the moves, SPY options are the way to profit. 'Trader Donkey' 
does this most of the times.
