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| Market | Platform | Price |
|---|---|---|
![]() | Poly | 44% |
Trader mode: Actionable analysis for identifying opportunities and edge
The 2026 Atlantic hurricane season will take place over a period lasting from June 1 to November 30. This market will resolve to "Yes" if NOAA names a storm in the Atlantic between December 4, 2025, and May 31, 2026. Otherwise, this market will resolve to "No". The resolution source for this market will be NOAA’s list of named storms during the Atlantic hurricane season (https://www.nhc.noaa.gov/data/tcr/) and/or their data on individual storms. If there is a potential named storm that has no
Prediction markets currently price a 44% probability that a named storm will form in the Atlantic basin before the official start of the 2026 hurricane season on June 1. This price, trading at 44¢ on a $1.00 "Yes" share, indicates the market views pre-season development as a significant possibility, but slightly less likely than not. With moderate liquidity of $140,000, this reflects a meaningful consensus among informed traders weighing meteorological and climatic factors.
Two primary factors are shaping this near-even probability. First, historical climatology provides a strong baseline. According to NOAA records, at least one named storm has formed before June 1 in eight of the last ten years. This established trend of earlier storm formation makes a "Yes" outcome a common, though not guaranteed, event. Second, current forecasts for a developing La Niña phase by late 2025 are critical. La Niña conditions, characterized by cooler Pacific waters, typically reduce wind shear over the Atlantic. This creates a more favorable environment for tropical development, potentially extending the active window earlier into the spring of 2026.
The odds are most sensitive to specific oceanic and atmospheric conditions observed in the spring of 2026. A confirmed, stronger-than-expected La Niña signal in April or May would likely drive the "Yes" probability significantly above 50%. Conversely, the presence of persistent dry air or Saharan dust outbreaks across the Atlantic development regions during that period would suppress odds. Key monitoring dates are in early May, when the first reliable seasonal model guidance for the upcoming hurricane season is released. A forecast suggesting a late start to the season would shift markets toward "No."
AI-generated analysis based on market data. Not financial advice.
$139.53K
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This prediction market topic focuses on whether a named storm will form in the Atlantic basin before the official start of the 2026 hurricane season. The Atlantic hurricane season is formally defined by the National Oceanic and Atmospheric Administration (NOAA) as running from June 1 to November 30 each year. This market specifically resolves based on whether NOAA names a tropical or subtropical storm in the Atlantic between December 4, 2025, and May 31, 2026. A 'named storm' refers to any system that reaches tropical storm strength, with sustained winds of 39 miles per hour or higher, prompting the National Hurricane Center to assign it a name from the predetermined annual list. The resolution will be determined using NOAA's official Tropical Cyclone Reports and storm data. The question of pre-season storm formation has gained significant attention in recent years due to changing climate patterns and the increasing frequency of early-season activity, making it a subject of both scientific study and public interest. Meteorologists, insurance companies, and coastal communities closely monitor these early developments as potential indicators of an active season ahead. The specific date range from December 4, 2025, covers the period immediately following the previous season and the months leading up to the official start, capturing any out-of-season tropical activity.
The occurrence of named storms before the official June 1 start date is not unprecedented but has become notably more frequent in recent decades. Historically, the Atlantic hurricane season was considered to run from June through November, but recorded activity outside this window dates back to the 19th century. A significant precedent was set in 2016 when Hurricane Alex formed in January, becoming the first January hurricane since 1938. The 2020 season was particularly remarkable, beginning with Tropical Storms Arthur and Bertha forming in May, marking the sixth consecutive year with a pre-season named storm. This trend has prompted scientific discussion about whether the official definition of the hurricane season should be revised. The 2023 season continued this pattern with an unnamed subtropical storm in January, highlighting the challenges of off-season monitoring. Climate studies suggest that warming ocean temperatures may be contributing to a lengthening of the season, with a greater potential for tropical development in May and even late April. The specific resolution window for this market, starting December 4, 2025, follows the extremely active 2025 season, which itself may influence oceanic and atmospheric conditions heading into the off-season.
The formation of a pre-season named storm has significant practical implications beyond meteorological curiosity. For emergency managers and coastal communities, an early storm can catch the public unprepared, as preparedness campaigns and public awareness typically ramp up in late May. This can lead to a higher risk to life and property if a storm makes landfall before standard defensive measures are in place. Economically, the insurance and reinsurance industries closely model early-season activity as a potential leading indicator for the overall season's severity, which can influence risk models and premium calculations for the multi-billion dollar hurricane insurance market. An early storm can also trigger the early activation of disaster response contracts and supply chains, incurring costs for local and state governments. From a scientific perspective, a trend toward more frequent pre-season storms contributes to the growing body of evidence on how climate change is affecting tropical cyclone behavior, including the potential lengthening of the active season. This has long-term implications for regional planning, infrastructure resilience, and climate policy debates.
As of late 2024, the focus is on the conclusion of the 2025 Atlantic hurricane season and the subsequent transition into the off-season period that will lead into the market's resolution window beginning December 4, 2025. Seasonal forecast teams are analyzing the final oceanic and atmospheric conditions of the 2025 season, particularly the state of the El Niño-Southern Oscillation (ENSO), as it will influence the environment heading into early 2026. The most recent relevant data point is the 2024 season, which did not have a pre-season named storm, breaking a ten-year streak. Initial informal discussions among forecasting entities about potential early-season parameters for 2026 will begin in early 2025, with the first formal seasonal outlooks typically released in April 2025.
NOAA names a storm when the National Hurricane Center determines it has become a tropical or subtropical cyclone with maximum sustained winds of 39 miles per hour (63 km/h) or higher. The storm must be in the Atlantic basin, which includes the North Atlantic Ocean, Caribbean Sea, and Gulf of Mexico.
Yes. Notable examples include Hurricane Alma in May 1970, Hurricane Able in May 1951, and more recently, Hurricane Alex in January 2016. These events, while rare, confirm that full hurricane intensity is possible before the official season start.
This date is chosen to begin immediately after the conclusion of the official 2025 Atlantic hurricane season on November 30, allowing a brief buffer. It ensures the market covers the entire off-season period up to the start of the 2026 season, capturing any potential late or early development.
A tropical storm has a warm core and derives its energy from warm ocean waters. A subtropical storm has characteristics of both tropical and extratropical systems, with a broader wind field. For naming purposes, NOAA treats both types identically if winds reach 39 mph.
NOAA's National Hurricane Center publishes the rotating six-year list of names. The 2026 list will be publicly available on the NHC website and includes names starting with Alberto, Beryl, Chris, Debby, Ernesto, and Francine.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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