News Formal

Traders chase post-election stock gains in US options market

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 30 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 116%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

NEW YORK, Nov 15 - Options players are piling in to riskier bets across the U.S. stock market, supporting a rally that has come on the back of fading election worries and expectations of a Republican lock on power in Washington next year.

Many are now shifting to a bullish stance, wary of underperforming a market that has rallied following a victory by Donald Trump and Republican control of both houses of Congress, which had been anticipated following the election and was projected by Edison More broadly, the volatility landscape has changed dramatically, with the Cboe Volatility Index , - a measure of demand for portfolio protection - sinking to a near four-month low of 13.67.

Tesla options accounted for about 30% of the total U.S. stock options traded in notional terms on Monday, data from Nomura showed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jordan Finneseth Joins Kitco Crypto as a Market ReporterKitco NEWS welcomes Jordan Finneseth as its newest crypto market reporter. With a background in Psychology and a passion for the cryptocurrency space, Jordan brings valuable insights to our team.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Traders chase post-election stock gains in U.S. options marketMany shift from defensive to bullish post-election
Source: globeandmail - 🏆 5. / 92 Read more »