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Officials in the US state of Michigan expressed optimism over the tally of Tuesday's election results, with preliminary results expected by midday on Wednesday. Jocelyn Benson, Michigan secretary of state, noted that new rules allowing election workers to process absentee ballots as early as October 28 had made the tally more efficient. "We are in an excellent position to process late ballots," Mr. Benson said. This is the first time Michigan has held a statewide election...
On August 20th, the so-called election expiration options will expire and settle four days after the election on November 4th. These options started trading on Deribit a month ago. As of now, according to data source Amberdata, the notional value of unpositioned squaring contracts or the dollar value of active options contracts is $345.83 million. Call options account for 67% of the total number of unpositioned squaring contracts, and these options offer unlimited upside return potential...
The so-called election expiration options, which expire and settle four days after the November 4 election, began trading on Deribit a month ago. As of now, the notional value of unpositioned squaring contracts or the dollar value of active options contracts is $345.83 million, according to data source Amberdata. Call options, which account for 67% of the total unpositioned squaring contracts, offer unlimited upside return potential but limited losses. The rest...
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