Trade of the day

The February 2230 SPX put is trading at 6.00. I'd buy the option at these levels and I'd put in an open order to sell the 2230 February SPX put at 30.00. That would represent a 400 percent profit. The S and P 500 is extremely overvalued. Interest rates are rising. A huge sell off is most likely coming in the stock market.

SPXW1701N2230 (2017 Feb 2230.00 Put)
LAST 6.31
CHANGE +0.96 (+17.94 % )
CHART
Price Data Table
Jan 17, 2017 @ 12:47 ET (DELAYED 15 MINUTES)
Last Sale 6.31 Tick Down
Time of Last Sale 01/17/2017 10:25 Exchange CBOE
Net Change +0.96 Previous Close 5.35
Open 7.10 High 7.10
Bid 5.90 Low 6.31
Ask 6.30 Volume 505
Open Interest 552 Expiration Date 02/01/2017