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 30, 11:12 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, the prevailing sentiment in this market suggests an upward trend, with a significant portion of traders predicting an increase in the SPY price. However, it’s important to note that traditional analyst forecasts often differ from prediction market insights. While analysts rely on economic models and fundamental analysis, this market reflects the collective wisdom of traders responding to a broader range of information and potential events. Comparing these viewpoints can offer a more nuanced understanding of potential market movements than either source alone.
On Opinion, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing their beliefs about the SPY price in October 2026. The price of each contract reflects the probability of that specific price level being reached. On Opinion, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The platform uses a market-making algorithm to ensure liquidity and facilitate trading, and the displayed probabilities are derived from the current bid and ask prices of these contracts. This dynamic pricing allows the market to quickly incorporate new information and adjust expectations.
This market resolves around Oct 30, 2026, with the outcome confirmed once the SPY’s price during the week of October 26, 2026, is verifiable from credible public reporting. The market will pay out to the contracts that correctly predict the SPY’s price range during that specific week. The resolution will be based on publicly available data from established financial sources, ensuring a transparent and verifiable outcome for all participants in this market.
Several factors could significantly influence this market before its resolution. Major macroeconomic announcements, such as changes in interest rates or inflation data, could trigger substantial price movements. Geopolitical events, unexpected earnings reports from large companies within the S&P 500, and shifts in investor sentiment are also key catalysts. Additionally, unforeseen global events or crises could dramatically alter market expectations and impact the price of the SPY, leading to shifts in the probabilities reflected in this market.