tech

Will Morgan Stanley or any of its underwriting affiliates serve as the lead underwriter in OpenAI's initial public offering?Will Morgan Stanley or any of its underwriting affiliates serve as the lead underwriter in OpenAI's initial public offering?

PlatformPolymarket Expires2028-01-01 Volume$9,571 Open Interest$6,403
YES
19¢
Implied probability: 19.5%
NO
80¢
Implied probability: 80.5%
30-DAY PROBABILITY HISTORY Low 19¢ · High 19¢ · Δ +0.0pp
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YES Price
19¢
NO Price
80¢
Total Volume
$9,571
Open Interest
$6,403
Expiration
2028-01-01
Days Left
466
About this market

What resolves this contract

This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of OpenAI. If no IPO occurs by December 31, 2027, 11:59 PM ET, or OpenAI completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.” If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order i

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at 19¢ means the market is pricing in a 19.5% 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 ($9,571) reflects every buy and sell across the life of this contract. Open interest ($6,403) 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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FAQ

Common questions about this market

How is this market resolved?

This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of OpenAI. If no IPO occurs by December 31, 2027, 11:59 PM ET, or OpenAI completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.” If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order i

When does this contract expire?

This contract closes on 2028-01-01, 466 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 19¢?

If the event resolves YES, each YES contract pays $1, a profit of 80¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 19¢ is lost. Current market price implies a 19.5% 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 $9,571 in total traded volume and $6,403 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-09-22. Nothing on this page constitutes investment or betting advice.
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