According to ChainCatcher, Bloomberg reported that before the fiercely contested US election, option traders in various markets reduced risks and prepared for more volatility. Although market volatility was not large, stock option volatility increased for most of October.
The market is not only looking forward to the upcoming election, but also to the earnings season and the Federal Reserve's interest rate decision. In the final days before the vote, the race between Kamala Harris and Donald Trump is unpredictable.