Following Donald Trump's victory in the recent election, the Nasdaq-100 Index ($NDX) closed at 20,227.46 on November 15, 2024. Despite Trump's controversial reputation, market volatility indicators dropped significantly, presenting a perplexing scenario for financial analysts. Some investors expressed skepticism, suggesting that the market may have overreacted to Trump's win, with concerns about potential uncertainty ahead. The stock market rally, initially fueled by optimism surrounding Trump's presidency, appears to be losing momentum as investors grow wary of a more hawkish monetary policy. Additionally, options traders are increasingly engaging in riskier bets across the U.S. stock market, driven by diminished election-related anxieties and expectations of a Republican majority in Washington next year.