Will there be between 0 and 10 average daily transits of the Strait of Hormuz on May 31?

Current Market Pricing

Prediction markets currently imply a live probability of approximately 40.0%.

Market Structure

Markets with tighter spreads and higher liquidity generally indicate stronger trader participation and more efficient price discovery.

Resolution Criteria

This market will resolve according to the 7-day moving average of transit calls (“Arrivals of Ships”) for the Strait of Hormuz that IMF Portwatch reports for May 31, 2026.

If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket.

Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF Portwatch will not be considered.

This market will resolve as soon as data for the specified date has been published. If no data for the specified date has been published by June 14, 2026, 11:59 PM ET, this market will resolve based on data for the most recent date prior to May 31, 2026, for which data is available.

This market will resolve based on the first publication of data for May 31, 2026. Any subsequent revisions will not be considered.

The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.

Market Interpretation

Prediction markets function as real-time consensus engines.

Traders continuously buy and sell outcome shares based on:

• breaking news
• macro developments
• public narratives
• institutional positioning
• probability reassessments

As a result, market pricing reflects aggregate trader expectations rather than static forecasts or polling systems.

At the current pricing structure:

• YES trades near 40.0¢
• NO trades near 59.0¢
• Implied probability sits near 40.0%

These probabilities may shift rapidly as new information enters the market.

Liquidity & Conviction Analysis

Medium liquidity conviction suggests the market currently has medium participation depth.

Higher liquidity environments typically produce:

• tighter spreads
• faster price discovery
• stronger informational efficiency
• lower pricing instability

Lower liquidity environments can produce sharper volatility swings and less reliable consensus pricing.

Why Prediction Markets Matter

Prediction markets aggregate trader beliefs into continuously updating probabilities.

Unlike static polling systems, these markets react in real time to:

• political developments
• macroeconomic events
• institutional sentiment
• narrative shifts
• market-moving news
• crowd positioning

This makes them useful as live probabilistic intelligence systems rather than simple betting platforms.

Market Metadata

• Market Slug: will-there-be-between-0-and-10-average-daily-transits-of-the-strait-of-hormuz-on-may-31-942
• Last Updated: 2026-05-06T22:45:33.204Z
• Category: other