This story was originally published here.
Options traders love to target big events in the stock market. Rightfully so – knowing something is going to move the market should put dollar signs in traders' eyes.
And there isn't' a bigger upcoming event than the 2020 presidential election. We're targeting the uncertainty swirling around it for our best options trade right now.
The coming presidential election is creating all sorts of speculation and is distorting markets as investors, no matter what color their politics, fear the uncertainty.
Who will win, and how will they handle the economy and the coronavirus? These questions are hugely important for the stock market, and we simply won't know the answers until after Nov. 3.
But we can profit as the market reacts to the news.
We don't have to know which way the market will move as long as there are big swings coming. Using the right options strategy can help you profit from the volatility that is likely to build as the election draws near.
Money Morning‘s options trading specialist, Tom Gentile, has a trade that you can do right now. The best part is this trade doesn't rely on an individual stock to go up or down. All we need to see is volatility to continue ratcheting up ahead of the election.
Here's how it could double your money…
Editor's Note: Click here to keep reading.
Trading Expert: These Are The Best Stocks To Trade Right Now
Andrew Keene made his fortune by running circles around Wall Street.
He started with a $200,000 account back in 2008.
Just two years later, he grew it to $5 million.
Well, he discovered an obscure 18-digit “code” that let him see when the hedge funds and investment banks were making incredibly lucrative trades.
The kinds of trades that almost certainly had the benefit of inside information.
He realized it was perfectly legal to spot these moves and act on them – and take a slice of the profits.
Now, thanks to all the craziness going on in the market…
He’s seeing more stocks flashing up with this 18-digit “code” than ever before.
Andrew says that he’s seeing at least one opportunity to double his money or more every week.
Of course, Andrew is a multimillionaire these days… so he could just take this info and make himself more cash…
But he’s become painfully aware of how often Wall Street cheats in order to make the rich richer… while ordinary Americans get left behind.
And it’s never been worse than right now.
Because while practically every other industry is fighting to survive…
Wall Street is raking in cash.
So far this year:
• Morgan Stanley brought in $22 billion in revenue.
• Goldman Sachs also brought in $22 billion.
• JPMorgan brought in $61 billion.
So Andrew’s decided to do something about it.
He’s using his code and strategy to find the best trade recommendations each and every week.
But not for himself.
Every week, he’s revealing these premium trade opportunities along with his best research to ordinary Americans.
Get the details here.