| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 64° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 65° to 66° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 67° to 68° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 69° to 70° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 71° to 72° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 73° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official daily minimum temperature recorded in Houston, Texas, on April 16, 2026. Monitoring localized weather data helps participants hedge against climate volatility and energy demand fluctuations.
Houston typically experiences moderate spring temperatures in mid-April as the region transitions toward summer. However, the city is susceptible to unpredictable atmospheric patterns, including late-season cold fronts from the north or humid maritime air from the Gulf of Mexico. Historical data for this date shows a wide variance in record lows, reflecting the city's unique position in the humid subtropical climate zone.
The odds reflect the collective market expectation of the daily minimum temperature, which serves as a weather-derived forecast tool for professional risk management.
The official daily minimum temperature is sourced from the National Weather Service (NWS) station at George Bush Intercontinental Airport (IAH) in Houston.
The outcome is based on the lowest temperature recorded during the 24-hour calendar day of April 16, 2026, as reported by the official NWS observation.
The market relies on official, audited weather data from the designated station; if the station records a temperature, that value stands regardless of whether the weather is considered extreme.
No, the market tracks the actual air temperature, not the perceived 'feels-like' temperature or wind chill index.
Mid-April represents a transitional climate period in Houston where the probability of freezing temperatures is low, but significant swings between warm days and cool nights remain a common feature of the local climate.