Trade Snapshot
⏱ 9:00:17 PM ET
When will traffic at the Strait of Hormuz return to normal? — Before Jun 1, 2026
A taker stepped up on NO, landing on the NO side of the "Before Jun 1, 2026" outcome in the Strait of Hormuz traffic market — the NO side wins if the 7-day moving average of transit calls does NOT exceed 60 before June 1, 2026. The trade covered 7,630 NO contracts at 98¢ each, totaling $7,455. With no resting liquidity in the book, price held flat at 2¢ on the YES side, absorbing the trade without slippage. YES now sits at 2¢ bid, implying roughly a 2% probability the outcome resolves before the deadline.
📊 Last 200 trades: 200 trades over 11.5 hours (9:29 AM to 9:00 PM ET), NO volume leads $34,687 to $514, price holding near 2¢.
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