Why Election Jitters Have Traders Chasing Butterflies

Heading into presidential elections, traders typically try to hedge their bets based on which candidate might win. This time around, U.S. markets are increasingly trying to gauge how big of a mess the aftermath might be. With President Donald Trump all but promising to dispute the results if he loses — on top of coronavirus case counts creeping higher and stalled stimulus negotiations — the Nov. 3 election has already become the most expensive event to hedge against ever. Here’s a look at the