Will France send warships through the Strait of Hormuz by May 31, 2026?
What resolves this contract
This market will resolve to "Yes" if a national government, its military, or a broad consensus of credible reporting confirms that the listed country's warships transited through the Strait of Hormuz between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A "warship transit" is defined as a military vessel passing through the Strait of Hormuz. Military cargo or support vessels will be considered “warships”; however, commercial or civilian vessels will not qualify. For the purposes of this market, only transits through the Strait of Hormuz will be c
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 8¢ means the market is pricing in a 8.5% 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 ($9,569) reflects every buy and sell across the life of this contract. Open interest ($19,342) 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 Valtteri Bottas be the 2026 F1 Drivers' Champion? | 1¢ | $9,937,839 |
| Will Franco Colapinto be the 2026 F1 Drivers' Champion? | 1¢ | $9,823,240 |
| Will the US acquire part of Greenland in 2026? | 14¢ | $9,761,299 |
Common questions about this market
How is this market resolved?
This market will resolve to "Yes" if a national government, its military, or a broad consensus of credible reporting confirms that the listed country's warships transited through the Strait of Hormuz between market creation and May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A "warship transit" is defined as a military vessel passing through the Strait of Hormuz. Military cargo or support vessels will be considered “warships”; however, commercial or civilian vessels will not qualify. For the purposes of this market, only transits through the Strait of Hormuz will be c
When does this contract expire?
This contract closes on 2026-05-31, 25 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 8¢?
If the event resolves YES, each YES contract pays $1 , a profit of 92¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 8¢ is lost. Current market price implies a 8.5% 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 $9,569 in total traded volume and $19,342 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.