TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 25, 11:10 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 a higher probability of the SPY reaching higher price points than many traditional analyst forecasts indicate. While analysts often provide point estimates or ranges, this market aggregates the wisdom of the crowd, representing a distribution of beliefs about potential outcomes. It’s important to remember that analyst forecasts are often based on specific models and assumptions, while this market reflects a broader range of information and perspectives. Discrepancies can arise due to differing methodologies and access to information.
On Opinion, this market is priced using a continuous double auction, where traders buy and sell contracts representing different SPY price levels. The price of each contract reflects the probability of that price level being reached during the specified week. On Opinion, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders adjust their bids and asks based on their own analysis and expectations, creating a dynamic market price. The more traders who believe a certain price level is likely, the higher the price of the corresponding contract will be, and vice versa. This creates a real-time assessment of market sentiment.
This market resolves around Sep 25, 2026, with the outcome confirmed once the SPY’s price during the week of September 21, 2026, is verifiable from credible public reporting. The market will pay out to the contracts corresponding to the price level the SPY actually hits during that week. The precise price will be determined by standard financial data sources and will be publicly available. The resolution process ensures a transparent and objective determination of the outcome based on established market data.
Several factors could significantly influence this market. Major macroeconomic announcements, such as changes in interest rates or inflation data, could shift investor sentiment. Unexpected geopolitical events or shifts in global economic conditions could also have a substantial impact. Company earnings reports from key SPY constituents, and any significant news regarding the overall health of the U.S. economy, are also likely to move the market. Broad market corrections or rallies, driven by investor confidence or fear, would also be key signals to watch.