| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 77° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 78° to 79° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 80° to 81° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 82° to 83° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 84° to 85° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 86° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily high temperature recorded at the Louis Armstrong New Orleans International Airport on April 21, 2026. It serves as a localized gauge for short-term climatic variability in the Gulf Coast region.
April in New Orleans marks the transition from spring to the warmer Gulf moisture-driven summer season. Historically, this period experiences significant volatility depending on the presence of cold fronts versus southerly wind flows from the Gulf of Mexico. Meteorological data from the National Weather Service provides the definitive source for settling this outcome.
Market prices reflect the collective anticipation of weather models and historical climate averages for this specific date in Louisiana. Participants incorporate long-range forecast data to assess the likelihood of extreme heat versus cooler spring conditions.
The market is settled based on the official daily high temperature recorded at the Louis Armstrong New Orleans International Airport (MSY) as reported by the National Weather Service.
In the event of a station outage, the market will rely on official data from the National Oceanic and Atmospheric Administration (NOAA) or recognized backup reporting procedures.
No, this market tracks the ambient air temperature, which is the standard 'high' reported in daily weather observations, excluding heat index or 'feels like' calculations.
April 21 falls in the middle of a warming trend for New Orleans, generally avoiding the extreme heat of mid-summer while being significantly warmer than the winter months.
The high temperature is defined by the 24-hour observation period designated by the National Weather Service, typically measured from midnight to midnight.