What's the Probability of SPY 500 End of Year?

This is not a forecast of SPY getting to 500... this video will instead demonstrate how we can answer this question using Options Delta to assess the probability the market expects for an event to happen. I use a backtest of TSLA Weekly Options to demonstrate.
Beyond Technical AnalysiscallsoptionsprobabilitySPDR S&P 500 ETF (SPY) Tesla Motors (TSLA)

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