Trade Snapshot
⏱ 10:20:59 AM ET
When will traffic at the Strait of Hormuz return to normal? — Before Sep 1, 2026
🔴 NO
Price
88¢
Total
$13,200
Contracts
15,000

A taker stepped up on NO, taking the NO side of "Before Sep 1, 2026" for the Strait of Hormuz traffic market — the NO side wins if the outcome does not happen. The trade totaled 15,000 NO contracts at 88 cents each, totaling $13,200. The book absorbed the size cleanly, with the market last trading at 12 cents on YES after slipping a cent over the prior day. The market now prices the "Before Sep 1, 2026" outcome at roughly 12 percent implied probability, with NO bid at 87 cents and ask at 89 cents.

📊 Last 69 trades: 69 trades over 11.2 hours (11:11 PM to 10:20 AM ET), NO volume leads $17,687 to $86, price holding near 12¢. One $13,200 NO trade (15,000 contracts) accounts for 74% of the flow.
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