Will 40 ships transit the Strait of Hormuz on any day by May 31?
What resolves this contract
This market will resolve to “Yes” if IMF Portwatch publishes a daily number of transit calls (“Arrivals of Ships”) for the Strait of Hormuz equal to or above the listed value for any date between market creation and May 31, 2026. Otherwise, this market will resolve to “No”. The number of daily transit calls/arrivals includes 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 daily number of transit calls equal to or above the specified level, or once
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 14¢ means the market is pricing in a 14.5% 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 ($96,203) reflects every buy and sell across the life of this contract. Open interest ($5,893) 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.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will the US acquire part of Greenland in 2026? | 14¢ | $9,965,250 |
| Will Arvid Lindblad be the 2026 F1 Drivers' Champion? | 1¢ | $9,788,687 |
| Will Oliver Bearman be the 2026 F1 Drivers' Champion? | 1¢ | $9,748,778 |
Common questions about this market
How is this market resolved?
This market will resolve to “Yes” if IMF Portwatch publishes a daily number of transit calls (“Arrivals of Ships”) for the Strait of Hormuz equal to or above the listed value for any date between market creation and May 31, 2026. Otherwise, this market will resolve to “No”. The number of daily transit calls/arrivals includes 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 daily number of transit calls equal to or above the specified level, or once
When does this contract expire?
This contract closes on 2026-05-31, 18 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 14¢?
If the event resolves YES, each YES contract pays $1 , a profit of 86¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 14¢ is lost. Current market price implies a 14.5% 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 $96,203 in total traded volume and $5,893 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.