TOTAL VOLUME:
$154.2b
24H VOL:
$192,072,993
24H TRANSACTIONS:
2,983,476,643
OPEN INTEREST:
$1,842,388,377
408,027
Markets across
40,419
events
MATCHED EVENTS:
4,369
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 16, 11:07 PM EST
Opinion
An "↑" market resolves to "Yes" if the official daily "High" for SPY (SPY) is at or above the price specified in the market at any point inside the window; an "↓" market resolves to "Yes" if the official daily "Low" is at or below the specified price. Boundary touches count. Markets whose level is never reached before the deadline resolve "No". In the event of a stock split, reverse stock split, or similar corporate action affecting SPY (SPY), these markets resolve on split-adjusted prices, and the price specified in each market is adjusted proportionally. The resolution source for this market is Yahoo Finance, specifically the SPY (SPY) daily price data available at https://finance.yahoo.com/quote/SPY/. If that data is unavailable due to an outage or other technical disruption, the official price published by the primary exchange on which SPY (SPY) trades governs.
An "↑" market resolves to "Yes" if the official daily "High" for SPY (SPY) is at or above the price specified in the market at any point inside the window; an "↓" market resolves to "Yes" if the official daily "Low" is at or below the specified price. Boundary touches count. Markets whose level is never reached before the deadline resolve "No". In the event of a stock split, reverse stock split, or similar corporate action affecting SPY (SPY), these markets resolve on split-adjusted prices, and the price specified in each market is adjusted proportionally. The resolution source for this market is Yahoo Finance, specifically the SPY (SPY) daily price data available at https://finance.yahoo.com/quote/SPY/. If that data is unavailable due to an outage or other technical disruption, the official price published by the primary exchange on which SPY (SPY) trades governs.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts frequently rely on fundamental and technical analysis, this market aggregates the wisdom of the crowd, incorporating a wider range of information and potential unforeseen events. It’s common to see discrepancies between the two, particularly when dealing with long-term predictions like this one. The question is whether the collective intelligence of traders in this market will prove more accurate than the views of financial experts regarding the SPY’s price movement.
On Opinion, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing different SPY price levels. The prices of these contracts directly reflect the probability of the SPY reaching those levels by the week of October 12, 2026. On Opinion, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust, providing a real-time assessment of market expectations. The platform uses a standard market-making algorithm to ensure fair pricing and liquidity, allowing participants to easily enter and exit positions.
This market resolves around Oct 16, 2026, with the outcome confirmed once the SPY’s price during the week of October 12, 2026, is verifiable from credible public reporting. The resolution will be based on the closing price of the SPY on the final day of that week. The specific price level that triggers a payout will be determined by the contract prices established during trading on Opinion. This process ensures a transparent and objective determination of the market’s outcome, reflecting actual market conditions at the time.
Several signals and events could significantly move this market before its resolution. Major macroeconomic announcements, such as changes in interest rates or inflation data, could impact investor sentiment and shift expectations for the SPY. Geopolitical events, unexpected earnings reports from large companies within the S&P 500, and shifts in global economic growth forecasts are also potential catalysts. Furthermore, significant changes in Federal Reserve policy or unexpected financial crises could heavily influence trading activity and price discovery in this market.