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Macro Finance

Wall Street Loads Up on Options Ahead of Toss-Up Brazil Vote

Bloomberg Markets·October 2, 2026·1 min read

Investors are prioritizing derivatives over outright bets ahead of Brazil's toss-up election, as market favorite Flávio Bolsonaro gained ground on President Luiz Inácio Lula da Silva. Wall Street is loading up on options to trade the uncertain outcome, reflecting heightened demand for hedging strategies.

Read at Bloomberg Markets
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