How to play the election

[jordanwrong]

would it be more profitable to buy a straddle/strangle on the spy expiring nov9 or a latter expiration? is there a more profitable way to play this election?
I think if crooked Hilary wins the market will still fall because of the descending triangle we are in as well as past history shows once a candidate is chosen the market tends to fall for the next few days. want to know your opinion, thanks

 

[FreakofNature]

Why do traders want to trade the events pros stay away from?

Food for thought.

 

[userque]

Professional alcoholics don't drink and drive during the Holidays...only amateurs.

 

[ET180]

Why do traders want to trade the events pros stay away from?

Food for thought.

To hedge. I don't want 4 years of that corrupt pay-for-play person in office. So is there a legal online gambling site where I can bet on her winning?

 

[comagnum]

The rally has most likely already happened - today. The stock traders almanac shows the day before the election has finished up 81.3% of the time.

 

[HeSaidSheSaid]

The rally has already happened - today. The stock traders almanac shows the day before the election has finished up 81.3% of the time whereas the day after has no up/down bias. Chances are the rally was today.

favorable time of the year.

 

[lawrence-lugar]

The rally has most likely already happened - today. The stock traders almanac shows the day before the election has finished up 81.3% of the time.

I agree,
Tomorrow will most likely be somewhat choppy...the move already happened today
It's that old trading adage: trade the rumor, sell the news.

But you shouldn't necessarily get excited about news/events -- but rather have a steady, daily, simple trading game plan.

 

[Ryan81]

Some people have been saying that the Mexican Peso MXP (Globex /6M) is being traded bullishly as a proxy for an HRC win.

 

[thaitye]

I'm sure you could figure out someway to bet on the election. But understand that it is merely speculation, and probably more of a gamble than playing an earnings call.

 

[ET180]

I'm sure you could figure out someway to bet on the election. But understand that it is merely speculation, and probably more of a gamble than playing an earnings call.

Not really...earnings are a lot less predictable.