Novig
NYC May 30 High Temp: Can 70-71°F Hold at One-Third Odds?

NYC May 30 High Temp: Can 70-71°F Hold at One-Third Odds?

SR Sofia Renard Climate & Science Analyst
Market Resolved
Embed this market
Resolution Verdict
YES Market Resolved

Market has ended. Final implied probability: 100%.

Resolved
Volume
$214.6K
$109.3K in 24h
Liquidity
$3M
Deep liquidity
Time Left
Ended
Resolves May 30
215K Vol. Ended
70-71°F $81K Vol.
100%
59°F or below $9K Vol.
0%
60-61°F $9K Vol.
0%
62-63°F $17K Vol.
0%
64-65°F $8K Vol.
0%
66-67°F $8K Vol.
0%

Tomorrow’s high temperature in New York City has traders split across a wide bracket of outcomes, with no single range commanding conviction. The 70-71°F band currently sits at 34.5% implied probability, making it the market leader in a multi-outcome field where the second-place ranges are close behind. That’s not dominance. That’s a market pricing genuine forecast uncertainty across a tight late-May temperature window.

The market question asks: what will be the highest temperature recorded in NYC on May 30, 2026? The 70-71°F outcome trades at $0.35 YES and $0.66 NO. The market resolves at 12:00 UTC on May 30. Total volume stands at $16,752, with $14,644 of that arriving in the last 24 hours.

How the NYC Temperature Contract Works

This is a multi-outcome market. Each temperature band is a separate contract. The YES position on 70-71°F pays out only if the official daily high in New York City lands precisely between 70°F and 71°F on May 30. Every other band pays nothing. The responsible resolution source is market resolution, meaning the operator applies an official temperature reading, typically from a major NWS reporting station such as Central Park.

  • 70-71°F trades at $0.35 YES, implying a 34.5% chance this band captures the daily high.
  • 68-69°F is the next closest bracket, offering an adjacent cooler scenario.
  • 72-73°F represents the next step warmer, capturing upside forecast error.
  • 78°F or higher and 59°F or below represent the tail outcomes with low probability.

The NO position on 70-71°F pays out when the daily high lands in any other bracket. That’s the base case here. A 24-hour shift of 2°F in either direction, driven by a front passage, sea breeze timing, or overnight lows running warmer or cooler than expected, is enough to push resolution into an adjacent band. Late May in New York City carries real day-to-day temperature variance. A 2°F forecast miss is routine, not exceptional.

Sponsored Partner
ROLRROLR

Momentum and Market Signals

The momentum picture here is compressed but meaningful. The 1-hour change is flat at zero, but the 24-hour move is plus 7.0% on the YES side, with a trend score of 43.29. That 24-hour surge almost certainly reflects updated NWS model runs issued Wednesday, May 28 and May 29, which progressively narrowed the forecast range toward the 70-71°F corridor. Short-resolution weather markets move fast when the next model run is only hours away.

Total volume of $16,752 is thin. The $14,644 that arrived in the last 24 hours dominates the book. Liquidity sits at $27,487, which is reasonable relative to volume, but this is a micro-market. A single $500 trade can move the price measurably. Any sharp NWS forecast revision issued before market close tomorrow will reprice all the adjacent bands simultaneously, and the 70-71°F contract will feel it immediately.

  • The 24-hour price change of plus 7.0% and a trend score of 43.29 together signal that updated forecast models have been pulling the expected high toward this band.
  • The 1-hour flat reading suggests the market is waiting for the next NWS model run rather than trading on stale data.
  • Volume below $1M means this market is susceptible to sharp moves on any single data update or official forecast revision.
  • The trader sentiment breakdown is strongly bearish on YES at 34.5%, consistent with the structural reality that in a ten-band market, even the leader holds only one-third odds.

Lines Analysis: NYC Temperature on May 30

The NWS forecast for New York City on May 30 is the only data source that matters here. Late May in the city typically sees highs in the upper 60s to mid-70s Fahrenheit, and current model consensus has been converging on the low-70s range. The 24-hour price surge on 70-71°F is consistent with deterministic model runs (GFS, NAM) pointing toward 70-72°F as of their most recent cycles. When multiple models agree on a range, the adjacent prediction market bands respond. That’s what happened in the last 24 hours here.

The risk to this band comes from both sides. A stronger maritime influence or late-day cloud cover could cap the high at 68-69°F. An earlier-than-forecast high-pressure ridge could push the daily maximum to 72-73°F or above. NWS forecast confidence for 36-hour temperature outlooks in coastal urban environments carries a typical uncertainty envelope of plus or minus 3 to 4°F. That range overlaps three or four bands in this market. The data doesn’t care about the politics of which band traders favor. Model spread is real, and it will stay real until the morning of May 30.

SIGNALS TO MONITOR

  • The 6:00 AM EDT NWS Area Forecast Discussion for New York City on May 30 will be the single most important signal. A forecast of 72°F or above should reprice capital into the 72-73°F band at the expense of 70-71°F.
  • The 12z GFS and NAM model runs on the morning of May 30 will either confirm or challenge the current consensus. Traders in thin markets like this watch model run timing closely.
  • Sea breeze onset timing matters in late May. An early sea breeze can cap the Central Park high 3 to 4°F below the inland maximum. NWS marine forecasts flag sea breeze development timing explicitly.
  • Overnight low temperatures on May 29 to 30 set the baseline. A warmer overnight suggests a higher daytime ceiling. A cooler overnight supports the 68-69°F or 70-71°F bands.
  • Any convective activity, even a passing shower, can temporarily suppress the high and shift resolution toward a lower band.

Here’s what the measurements are telling us: the market has correctly identified 70-71°F as the most likely single band based on current model guidance. But at 34.5%, the market is pricing uncertainty, not science. The combined probability of the three adjacent bands (68-69°F, 70-71°F, and 72-73°F) likely accounts for the majority of the probability distribution. With $16,752 in total volume, this is a thin book. The next NWS forecast discussion will do more work than any trader action between now and resolution.

LINES VERDICT

Narrow Leader in an Uncertain Field

The 70-71°F band holds the highest single-outcome probability because current model guidance points there, but late-May coastal forecast variance makes this a one-in-three proposition at best.

What the market says: 34.5% implied probability translates to roughly one-in-three odds. In a ten-outcome market, that’s meaningful leadership, but volatility will be high as the resolution date of May 30, 2026 closes in and model runs update every six hours.

Key unknown: The NWS 6:00 AM EDT Area Forecast Discussion on May 30 and the morning model runs are the decisive inputs. A single-degree shift in forecast consensus moves capital across two or three adjacent bands simultaneously in a market this thin.

Scientific Context

Late May temperature climatology for New York City (Central Park station) shows a mean daily high near 72°F for the final days of May, based on long-term NOAA normals. The 70-71°F range sits just below that climatological mean, which is consistent with a slightly below-normal forecast day. The 24-hour volume surge and the price movement toward this band align with NWS deterministic guidance that has been holding below the climatological mean for May 30. Any shift in synoptic pattern, specifically the position and speed of an approaching trough, would directly revise that guidance and reprice the adjacent bands before resolution.

What moves price before May 30: NWS model consensus updates (every 6 hours), the morning Area Forecast Discussion on May 30, and observed overnight minimum temperatures at Central Park. If the morning forecast shifts to 73°F or above, the 72-73°F band gains at the direct expense of 70-71°F.

How certain is a 34.5% probability?

In a ten-band market, 34.5% is the highest single-outcome probability but still means this band misses resolution about two-thirds of the time. Prediction market probabilities are volatile and can reprice sharply on any new NWS forecast update before May 30.

What pays out on the NO side?

Every outcome except 70-71°F pays the NO position. That includes the 68-69°F, 72-73°F, and all other bands. The NO contract at $0.66 reflects the structural reality that nine other bands share the remaining 65.5% probability.

What data event would move this price the most?

The NWS deterministic forecast update for May 30 issued on the morning of May 30 itself carries the most weight. A forecast of 72°F or higher would shift volume to the 72-73°F band and compress 70-71°F pricing significantly.

When does this market resolve?

Resolution occurs at 12:00 UTC on May 30, 2026. That is 8:00 AM EDT, meaning the resolution operator will apply the official high temperature reading for May 30 after the full calendar day in New York City is complete.

Is the volume reliable enough to trust this price?

Total volume of $16,752 is thin. The $14,644 in 24-hour volume dominates the book, meaning recent price action reflects a small number of trades. In markets below $1M in volume, a single new trade can shift implied probability by several percentage points. Treat the 34.5% figure as a directional signal, not a precise probability.

Market Resolved Outcome: YES
Final Price 100%
Settled May 30, 2026
Duration 2 days

Resolution Analysis

Model Consensus Locks In

If the NWS 12z model runs on May 29 and the morning runs on May 30 continue pointing to a daily high of 70 to 71°F, capital will consolidate into this band. Thin liquidity amplifies the effect: even moderate new volume pushing toward YES would lift the implied probability meaningfully above 34.5% before resolution.

Forecast Shifts Warmer

A ridge of high pressure arriving earlier than modeled could push the Central Park daily maximum to 72°F or above. NWS guidance shifting to a 73°F forecast would trigger a rapid repricing of the 72-73°F band and pull implied probability away from 70-71°F. In a thin market, that migration happens fast.

Sea Breeze Caps the High

Late May sea breeze development along the New York City coastline can suppress the Central Park afternoon maximum by 3 to 4°F below inland model guidance. If the sea breeze arrives early on May 30, the 68-69°F band gains at the expense of 70-71°F, and the leading band drops back toward the field.

Convective Event Changes Everything

An unforecast afternoon storm or cloud shield moving through the New York City metro on May 30 would suppress the daily maximum and potentially shift resolution to the 68-69°F or even 66-67°F band. Short-fuse convective forecasting in coastal urban environments carries meaningful uncertainty at 24 to 36 hours, and a single shower can cut the high by several degrees.

Key macro factor: Late May climatological normals at Central Park average near 72°F for the daily high, placing the 70-71°F band just below the long-term mean and consistent with a slightly below-normal synoptic pattern for May 30.

Market Timeline

May 28, 2026, 4:03 AM
Market Created
May 28, 2026, 4:55 AM
Event Start
May 28, 2026, 5:09 AM
Market Opened
May 30, 2026
Market Resolution

Market Comments

Probabilities shown are market-implied and not predictions or recommendations. This content is for informational purposes only.