| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 49° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 50° to 51° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 52° to 53° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 54° to 55° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 56° to 57° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 58° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official minimum temperature recorded in Houston, Texas, on April 6, 2026. It serves as a financial instrument for hedging against weather-related volatility or speculating on localized climate patterns.
Houston typically experiences moderate spring temperatures in early April, but the region is susceptible to sudden fluctuations caused by cold fronts or shifting humidity patterns. Historical weather data for this date often fluctuates within a range typical of a humid subtropical climate, making precise daily forecasting complex. Market participants must consider seasonal averages alongside long-range meteorological trends.
The market prices reflect the collective expectation of weather outcomes, with higher values signaling increased confidence in a specific temperature range as the date approaches.
The market relies on official meteorological reports from the National Weather Service (NWS) station at Houston's primary observation site.
It refers to the minimum temperature recorded at the official monitoring station during the 24-hour calendar period of April 6, 2026.
No, the market outcome is strictly bound to the official NWS observation point, regardless of microclimates in surrounding suburbs.
While climate models provide general trends months out, specific numerical forecasts generally lack high reliability beyond the 10-14 day window.
In cases of official reporting station outages, the market will rely on verified data from secondary official reporting channels or defined fallback procedures.