Trade Snapshot
⏱ 10:00:00 AM ET
Fed decision in Jun 2026? — Will the Federal Reserve Cut rates by 25bps at their June 2026 meeting?
A taker stepped up on NO, taking the NO side of "Will the Federal Reserve Cut rates by 25bps at their June 2026 meeting?" — the NO side wins if the Federal Reserve does not cut rates by 25bps at the June 2026 meeting. 10,495 NO contracts at 98¢ each, totaling $10,285. With no resting orders and zero reported liquidity, the book showed no cushion to absorb the trade cleanly. The market currently sits at 2¢ YES, implying roughly a 2% probability of a 25bps cut.
📊 Last 92 trades: 92 trades over 11.9 hours (10:05 PM to 10:00 AM ET), NO volume leads $20,999 to $852, price holding near 2¢. One $10,285 NO trade (10,495 contracts) accounts for 47% of the flow.
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