It appears that a mystery investor has recently spent more than $300 million buying up tens of thousands of S&P 500 call spreads that expire in the days following the election, in what amounts to a massive bet that stocks will skyrocket post-election. And while one options-trading professional cited in today’s article calls this a “Trump trade”, some analysts believe this investor’s big bet could also pay off in the event of a Biden victory. For more, CLICK HERE.
A Mystery Investor’s Massive Post-Election Bet
- by RobH