| 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 maximum temperature recorded in New Orleans on March 30, 2026. It serves as a financial instrument for hedging against or speculating on localized meteorological volatility in the Gulf Coast region.
New Orleans experiences a transition from late winter to early spring during late March, characterized by high variability in daily temperatures due to the frequent movement of cold fronts and the influence of the Gulf of Mexico. Historical climate data for this date suggests a wide range of potential outcomes, as the region is susceptible to sudden warm spells or lingering cool air masses. Meteorological models for this timeframe are subject to long-range climate oscillations, including ENSO cycles.
Market prices represent the collective expectation of weather outcomes, reflecting the shifting consensus on atmospheric conditions as the date approaches. Higher levels of market activity often correlate with incoming high-confidence weather data or updated regional forecasts.
The official daily maximum temperature is sourced from the National Weather Service (NWS) observations recorded at the Louis Armstrong New Orleans International Airport (MSY).
The market outcome is based strictly on the official recorded high temperature, regardless of accompanying precipitation or severe weather conditions.
While historical climate averages provide a baseline, they do not account for anomalous weather patterns or specific meteorological events occurring on March 30, 2026.
The market is settled based on official NWS station data, which is standardized for consistent meteorological reporting rather than specific urban neighborhoods.