What happened
This market has not yet resolved.
Forecast Tape
7 events- May 6, 5:16 AMPUBLISHED
Prism 61% vs market 63% β NONE FAIR
- May 6, 12:05 PMRE-ANALYZED
Prism 68% β edge +10.3pp
- May 6, 12:05 PMMARKET MOVED
Market 63% β 83% (+20pp)
- May 8, 10:06 AMRE-ANALYZED
Prism 64% β edge +0.0pp
- May 8, 10:06 AMMARKET MOVED
Market 83% β 73% (-10pp)
- May 9, 12:06 PMMARKET MOVED
Market 73% β 66% (-7pp)
- May 11, 5:40 AMMARKET MOVED
Market 66% β 60% (-6pp)
- NowLIVE
Awaiting resolution.
What the market believed
The market was pricing this event at 56.5% probability when PRISM generated its forecast. PRISM assessed this was too low β the market was underpricing the probability.
What PRISM believed
- βΈProbability estimate: 59%
- βΈMultiple plausible diplomatic and political paths to an explicit lifting announcement exist, and the rules allow several different qualifying announcement channels
- +Any explicit Trump or USG statement lifting the blockade qualifies
- +Economic and oil-market pressure to normalize Hormuz traffic by summer
- +Mediation efforts already underway despite difficult rhetoric
- +Blockades are rarely maintained indefinitely at full strength
- βTalks currently characterized as facing serious obstacles
- βDomestic political incentives to maintain a hard line on Iran
- βRequirement for clear, explicit language may delay formal wording
- βRisk of conflict escalation extending blockade beyond June
- Iran threatens permanent closure of Strait of Hormuz amid US ...cryptobriefing.com
Iran threatens permanent closure of the Strait of Hormuz. Traffic normal by May 15 at 0.7% YES, by end of May at 13.5% YES, and blockade lifted by May 31 at ...
May 11Open β - Trump says Iran's response to US plan 'totally unacceptable'chinadailyasia.com
Iran's response to the latest US proposed text for ending the conflict was sent on Sunday to mediator Pakistan, Iran's official news agency IRNA reported.
May 11Open β
PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES
Why the gap existed
Prism detected 2.9% mispricing (overpriced)
How this forecast played out
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Edge scores, Kelly references, confidence levels, and resolution paths β updated every 2 hours, before the market corrects.
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