According to Bloomberg, just before the fiercely competitive and unpredictable U.S. election, options traders in various markets seem to be reducing risk in preparation for more volatility. Despite little market fluctuation, the volatility of stock options has been rising for most of October because the market is not only anticipating the upcoming election but also earnings season and Federal Reserve interest rate decisions. In the final days before voting, competition between Kamala Harris and Donald Trump is unpredictable.