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Unified market view

Bab el-Mandeb Strait effectively closed by September 30?

Model view, orderbook, price history, and related whale flow in one place.

Research boundary

This is market intelligence, not financial advice. Verify rules, liquidity, price, and your own risk before trading.

Model direction

Model leans higher

Hold: Efficient price
Execution state
Needs confirmation
Model edge Yes ↓ -0%
Confidence 72%
Price at model run 3.3¢ Model run: 9/18/2026, 12:02:32
Live best ask 1.9¢ Live update: 9/18/2026, 16:59:25
Model OpenAI

Yes is priced near 3.35%, while the sustained weekly decline, stable near-term pricing, and strong No-side liquidity suggest a slightly lower fair probability. Uncertainty remains because a sudden regional disruption could create a qualifying low-transit observation.

Watch triggers
  • PortWatch 7-day arrivals reach 10 or below
  • Verified shipping disruption in the strait
  • Yes price falls below 2.5%
Why confirmation is still needed

Yes is priced near 3.35%, while the sustained weekly decline, stable near-term pricing, and strong No-side liquidity suggest a slightly lower fair probability. Uncertainty remains because a sudden regional disruption could create a qualifying low-transit observation.

Revisit when

PortWatch 7-day arrivals reach 10 or below · Verified shipping disruption in the strait · Yes price falls below 2.5%

Execution guard

Price 1.9¢ · spread 0.1 pts · liquidity $206,507. Treat the model view as research and verify it against the live market tape.

Summary

Updated at 9/18/2026, 16:59:25

Model stance

Watch

Best ask ?

1.9¢

Volume (24h) ?

$136,110

Liquidity ?

$206,507

Open interest ?

$1,364,107

Spread ?

0.1¢

Depth imbalance ?

55.7%

Momentum ?

-44.8%

Volatility ?

2.3%

Trend slope ?

-0

Reasons

  • No strong edge detected

Rule notes

  • No single rule is strong enough to signal buy/sell.

Orderbook

Outcome Yes

Bids

1.8¢ 64,332.73
1.7¢ 2,255.99
1.6¢ 325
1.5¢ 50,576
1.3¢ 2,050

Asks

1.9¢ 21,474.24
230
2.1¢ 450
2.4¢ 300
2.5¢ 11,600

Price history

Interval: 6h

9/18/2026, 16:37:15 1.85¢
9/18/2026, 16:39:15 1.85¢
9/18/2026, 16:41:16 1.85¢
9/18/2026, 16:43:15 1.85¢
9/18/2026, 16:45:16 1.85¢
9/18/2026, 16:47:16 1.85¢
9/18/2026, 16:49:24 1.85¢
9/18/2026, 16:51:15 1.85¢
9/18/2026, 16:53:16 1.85¢
9/18/2026, 16:55:15 1.85¢
9/18/2026, 16:57:15 1.85¢
9/18/2026, 16:58:16 1.85¢

Prediction history

Full history
Yes ↓ -0% 9/18/2026, 12:02:32

The model sees Yes as marginally above fair value, but the edge is small and event risk is asymmetric. Reassess if PortWatch arrivals deteriorate or new shipping disruptions emerge.

Yes → 0% 9/18/2026, 06:02:01

The low Yes price is consistent with the recent downward trend, but the long time to expiry and binary resolution rule leave substantial event uncertainty.

Yes ↓ -1% 9/18/2026, 00:01:24

The model places the closure probability modestly below the market price, with bearish momentum and stronger No-side depth.

Yes ↓ -0% 9/17/2026, 18:01:28

Yes appears modestly above estimated fair value, but the edge is small and uncertain because the resolution depends on future shipping data and possible disruption events.

Yes ↓ -1% 9/17/2026, 12:01:58

Yes appears slightly overvalued relative to the base-rate and recent downward repricing, though sparse event data and a long horizon leave meaningful uncertainty.

Related whale flow

All trades
Buy · No 9/18/2026, 13:40:53
$6,000 90.4¢
Buy · No 9/18/2026, 01:40:24
$16,000 80.92¢