Strait of Hormuz traffic returns to normal by September 30?
What resolves this contract
This market will resolve to “Yes” if IMF Portwatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Strait of Hormuz equal to or above 60 for any date between market creation and September 30, 2026. Otherwise, this market will resolve to “No”. Daily 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 IMF Portwatch publishes a 7-day moving average of transit calls equal to or above the specified level, or once data has been pu
Reading the odds on this market
At 1.0¢ for YES, traders are pricing about a 1.0% chance this happens, roughly 1 in 100.
$10 on YES buys about 1,000 contracts that pay $1,000.00 if it happens; $10 on NO at 99.0¢ buys about 10.1 that pay $10.10 if it does not.
The favoured side, NO, returns 1.0% if it wins, with the money locked up for 6 days until October 1, 2026; that works out to about 84.3% a year.
$9,801,312 has traded on it on Polymarket, with $532,303 still riding on the outcome, making it number 1 by volume of the 212 markets we track.
Payouts are before platform fees; one contract pays $1 if its side wins.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 1¢ means the market is pricing in a 1.0% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($9,801,312) reflects every buy and sell across the life of this contract. Open interest ($532,303) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
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Common questions about this market
How is this market resolved?
This market will resolve to “Yes” if IMF Portwatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Strait of Hormuz equal to or above 60 for any date between market creation and September 30, 2026. Otherwise, this market will resolve to “No”. Daily 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 IMF Portwatch publishes a 7-day moving average of transit calls equal to or above the specified level, or once data has been pu
When does this contract expire?
This contract closes on 2026-10-01, 6 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 1¢?
If the event resolves YES, each YES contract pays $1, a profit of 99¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 1¢ is lost. Current market price implies a 1.0% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,801,312 in total traded volume and $532,303 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.