Just a very quick note about what could happen after tomorrow's presidential election. You may remember what happened in 2000 following the voting day with the Bush/Gore election. The result could not be determined for weeks due to election "recount". And the market was very nervous with high volatility and plunging of stock markets.
With a new voting system introduced in Ohio recently, this fiasco could happen again that at least for 10 days the country will not know who wins. You can read this news here yourself. If this indeed materializes, likely the stock market will not respond well and volatility will likely shot up substantially. One way to hedge against this potential high volatility is to buy some VXX call options or simply buy SDS which will go up for a plunging S&P 500 index.
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