- What is the “US response to Iran’s drone attack by Jan 31?” market asking?
- It asks whether the following will happen: US response to Iran’s drone attack by Jan 31? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved No on 5 Feb 2024. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- After a drone attack from Iranian-backed militias on a US military base killed 3 US troops on Jan 28, US President Biden vowed to "hold all those responsible to account at a time and in a manner our choosing." This market will resolve to “Yes” if there is a US response to the drone attacks by January 31, 11:59 PM ET. Otherwise this market will resolve to “No.” A response by the US refers to action(s) carried out by the US that are explicitly in response to Iran’s drone attack, which may include strikes, cyber attacks, sanctions, etc. The resolution source will be official sources from the US…
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
