| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 70° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 71° to 72° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 73° to 74° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 75° to 76° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 77° to 78° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 79° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily maximum temperature recorded in New Orleans, Louisiana, on April 19, 2026. It serves as a gauge for meteorological expectations in the Gulf Coast region during the mid-spring transition.
New Orleans experiences highly variable weather in April as the region moves from stable spring conditions toward the humid heat of early summer. Climatological data for this time of year typically reflects moderate temperatures, though the area is susceptible to rapid shifts caused by cold fronts or unseasonably warm air masses from the Gulf of Mexico. The specific location of the official recording, typically at Louis Armstrong New Orleans International Airport, provides the benchmark for this market.
Market prices represent the collective expectation of weather outcomes, where higher prices indicate greater confidence in a specific temperature range occurring based on current meteorological models and historical patterns.
The outcome is determined by the official daily maximum temperature reported by the National Weather Service station located at Louis Armstrong New Orleans International Airport (MSY).
The market relies on the official data recorded by the reporting station regardless of the underlying weather conditions, provided the data is finalized by the responsible meteorological authority.
The highest temperature is the peak value recorded by the official station during the 24-hour calendar day of April 19, 2026.
No, this market tracks the ambient air temperature reported as the daily maximum, excluding subjective 'feels like' indices.
Volatility is primarily driven by the timing of late-season cold fronts, which can result in significant temperature swings compared to the long-term historical average for the region.