$SVXY – noting a change in aggressiveness of the calls buyers. The stock just rebounded back over 74 but while the quote on the Nov 11 78.0 calls was 2.00/2.30 earlier, it is now 1.65/2.20.

As for the potential election move, I think a Clinton win is already baked into the market after yesterday’s big move and this morning’s follow thru rally.

I am positioned with giant SVXY strangles for this week. The closest short Puts are at 59.0 and the closest short calls are at 76.0. Of course I picked up a major new long stock position last Friday at 65 so the call side is not an issue for me.

Unless the market gets frisky late today I’m probably done trading until after the election results are in.