Wall Street bets on a split in the US Congress as the best market scenario, investors deploy options to cope with volatility

Investors believe that the Democratic Party controlling the House of Representatives and the Republican Party controlling the Senate are ideal election results. The futures market linked to the Chicago Board Options Exchange volatility index shows an increasing demand for protection against the volatility of the S&P 500 index in early November. Evercore ISI suggests that traders use the State Street SPDR S&P 500 ETF trust for cross option portfolio layout. (Source: The Wall Street Journal)