Will Crude Oil (CL) hit (HIGH) $140 by end of June β 2% YES
This market, currently pricing at 2%, indicates the crowd views crude oil hitting $140 by June as a deep longshot, with implied odds of roughly 44.5-to-1 against. The price has remained essentially flat over the past 24 hours, suggesting no significant shift in this low-probability assessment. With over $2.4 million traded, there's solid conviction behind this longshot pricing, implying the market is quite confident in its collective judgment despite the low odds. The absence of a resolution date means the market will continue to trade until the condition is met or the relevant period (end of June) passes, allowing for potential price movement if new information emerges.
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