With prediction markets pricing in a big victory for Democrats in Tuesday's midterm elections, traders are leaning into a group of stocks that investors often categorize as beneficiaries of left-wing leadership. Options trading in clean-energy stocks, particularly solar companies, surged on Tuesday, despite a five-month sell-off in the group that's left most of the companies in the industry group down on the year. Volume in the Invesco Solar ETF (TAN) surged to 40 times higher than usual Tuesday, according to Cboe LiveVol data. The fund, which typically trades fewer than 500 contracts a day the past month, traded more than 20,000 contracts by midday, and 99% of them were calls.
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