Houthis seize an oil tanker by October 31, 2026?
The move lacks solid trading support — treat the new probability with caution.
The pricing has weak support: moderate trading volume, an unusually wide spread.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
WeakThe pricing has weak support: moderate trading volume, an unusually wide spread.
Consensus stability
Has the market settled at the new probability?
FormingMovement has slowed (1.5 points over six hours) but the market has not fully settled.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
This market will resolve to "Yes" if Houthi forces seize control of an oil tanker or a commercial vessel transporting oil as cargo between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
This market will resolve to "Yes" if Houthi forces seize control of an oil tanker or a commercial vessel transporting oil as cargo between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "Houthi forces" refers to the military forces of the Houthi movement (Ansar Allah), including any armed force operating under its direction or on its behalf. Seize control refers to Houthi forces taking custody of or asserting operational control over a commercial ship, including boarding and taking control of the ship, holding or detaining it for an indefinite period, or forcefully rerouting it to a location selected or controlled by the perpetrators. Attacks on military vessels will not be considered. Once a qualifying seizure has occured, any subsequent abandonment, release, rescue, recapture, or other loss of control will not affect the resolution of this market. Missile/drone strikes or any other form of kinetic attack not resulting in the seizure of the targeted ship will not be considered, regardless of any damage that occurs. A qualifying seizure must be attributed to Houthi forces. The primary resolution source for this market will be a consensus of credible reporting. The occurrence, attribution, and timing of a qualifying seizure will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence of the incident, whether the incident qualifies as a seizure, whether the ship was an oil tanker or commercial vessel transporting oil as cargo, or the attribution of the seizure to Houthi forces, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the seizure, and of the ship's status as an oil tanker or commercial vessel transporting oil as cargo, based on a consensus of information available from the resolution sources or ii) 3 full calendar days (ET) from the date of the first credibly reported evidence of the seizure. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the seizure, or as to the ship's status, the incident will be judged based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
What could move this market next?
- The market's deadline arrivesOctober 31, 2026 at 11:59 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Sep 24, 12:33 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±32 pts.
What's happening
Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.
- Wide spread (22.0 pts)
Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.
More details — reliability score, dynamics, durability
- Choppy / mean-reverting91%
- Thin-liquidity spike3%
- Stable consensus2%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.
Market data
24h volume
$31.1K
Liquidity
$283.1
Total volume
$31.1K
- Category
- Macro / Fed
- Venue
- Polymarket
- Open interest
- —
- Spread
- 22.0 pts
- Best bid
- 17.0%
- Best ask
- 39.0%
- 7-day range
- 23.5% – 32.0%
- Resolves
- Oct 31, 2026