The election results will produce volatility. That is the only guaranteed outcome. Bloomberg researched the post election results of the last 22 presidential elections. The only constant is that there was a major market move in the two days after the vote. The average decline in 15 of those 22 years was -1.8%. In all but one year, the initial move was not the final direction. We need to be patient and wait for the results and the post election volatility to pass before we launch a new position.
The S&P futures have gone from zero to +7 back to -3, back to +6 and now back to -4 in just the last hour.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays