Should You Trade Stocks During Elections? | 9.27.24 OVTLYR Trading Room

How to Trade Stocks and Options Podcast with OVTLYR Live

In this video, we’re diving into the chaos that elections can bring to the stock market. CNBC is calling it a “coin flip” for what stocks will do next month, and if you've been around the markets during an election, you know exactly how unpredictable things can get. But don’t worry—this video is all about breaking down why trading during election season is risky and how to avoid making the same costly mistakes. I’ll take you back to my own experience during the 2016 election, where I thought I had it all figured out, experimenting with options strategies like a call ratio backspread. Spoiler alert: It didn’t go as planned. I ended up blowing up two-thirds of my account by failing to account for the timing of my trade. I was right about the market direction but totally wrong on the timing, and that mistake cost me big. In this video, I’m sharing that experience to help you avoid making the same error, especially with the upcoming elections. We also look at some key stocks, like Light (Lumentum Holdings), Ciena (CIEN), NRG Energy, and Wheaton Precious Metals (WPM), to see how they’ve performed recently and how they fit into the bigger market picture. Not all of them turned out the way we expected, and I’ll break down why that happens. But here’s the kicker: it’s not just about picking the right stocks, it’s about knowing when to hold back and when to jump in. Elections are notorious for shaking up the markets, and timing becomes everything. One wrong move, and you could find yourself on the wrong side of the trade, even if you got the market direction right, like I did back in 2016. So, should you sit on the sidelines during election season? That’s a big question we’ll answer in this video. I’ll also explain how to manage your risk and protect your portfolio when things get unpredictable. If you’re feeling anxious about the next few months in the market, this video is for you. We’re cutting through the noise and helping you understand how to make smarter, less risky moves when everything feels like a gamble. I’ll also show you how to roll options and manage positions, even in these wild, uncertain times. Whether you’re new to the market or have been trading for years, there’s something here for everyone—especially if you’re trying to avoid those costly mistakes that can wipe out your portfolio. Don’t trade based on fear or overconfidence. Let’s break it down together, step by step. Stay tuned, and by the end of this video, you'll have a better understanding of how to approach trading during election season, the key stocks to watch, and how to avoid blowing up your account like I did. #StockMarket #ElectionTrading #OptionsTrading #Volatility #StockAnalysis #TradingStrategy #RiskManagement #Ciena #Lumentum #NRG #Investing