You're receiving this email because you're subscribed to Ring the Bell from Benzinga. To manage your subscription, click the link at the bottom of this email.

My Best Hedge Trade For This Tight Presidential Election

My PFP option trading system is showing me that traders are happily making bets for the rest of this week, and then are sitting out until the election. The monthly options expiration that comes this week has a huge amount of options expiring, more than $1 billion worth on SPY. Then its crickets until Election Day on November 4.

In other words, extremely short-term trades will dominate from next week through the election, save for a few important earnings dates here and there.

Considering we have such a tight race, a close win for either candidate is the worst scenario for traders and markets as there’s a really good chance the results will be contested.

The best scenario I’m hoping for is a blowout on either side, because this reduces the chance of a contested election and thus traders can make their bets clearly knowing what the path forward is.

Here’s how I’m going to trade it.

Get My Best Trade Setups Instantly

I update my Trading Waves members with my exact trade ideas. Trading Waves is my trading service specialized in 0-Days-to-Expiry (0DTE) to 5-Days-to-Expiry (5DTE) options trades, providing subscribers with relevant, actionable trading opportunities right as stocks are taking off. To be the first to know my trade setups,

Click here to see how to join Trading Waves and get my best trade ideas as soon as I have them.