Obama and the S&P Straddle
Link: Obama becomes first black president in landslide
With this anticipated news becoming a reality, I expect a Bull run tomorrow. May be a 500 - 700 point increase in Dow and a correlated increase in S&P is on cards. In such situations, a straddle on S&P500 is guaranteed to make money !! Option traders will make hay when Obama/Sun shines!