Despite the broader market telling you Hillary has it in the bag, there are things under the surface which suggest the market is still fearing a Brexit 2.0Don’t miss our next trade idea. Get on the Bear Traps Report Today, click here
Investors are still buying puts at a much higher rate than calls, this suggests market participants are putting on hedges going into tonights uncertainty. The market is more fearful than you think.
If Brexit taught us one thing, it is to be more diligent in terms of reading what the market is telling us. On the day of the referendum in the UK, the FTSE (stock index in the UK) rose 1.2%. Today, the S&P 500 is up almost half a percent at 10 points. Risk management is key in election and political risk events such as this one.
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