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NYC June 16 Low Temp: Will It Hit Sixty to Sixty-One?

NYC June 16 Low Temp: Will It Hit Sixty to Sixty-One?

SR Sofia Renard Climate & Science Analyst
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Lines Verdict
YES at 96% implied probability

MARKET HAS PRICED THE READING: Real-time temperature data is converging toward the 60-61°F range, and the 34% one-hour surge reflects instruments, not forecasts. Market probability: 67%.

96% Market Probability +37.5% 24h
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Volume
$15.2K
$12.3K in 24h
Liquidity
$53.6K
Moderate depth
Time Left
7 hours
Resolves Jun 16
15K Vol. Jun 16, 2026
60-61°F $1K Vol.
96%
58-59°F $430 Vol.
5%
56-57°F $544 Vol.
1%
54-55°F $776 Vol.
0%
49°F or below $710 Vol.
0%
50-51°F $972 Vol.
0%

The market has already moved. In the last 24 hours, the 60-61°F outcome surged from a coin flip to a 67% favorite, with the sharpest jump arriving in the final hour before resolution. That kind of momentum on a same-day weather contract means one thing: real-time temperature data is driving the price, not speculation. The market is pricing what thermometers are already reading, not what forecasters predicted yesterday.

The market question asks: what will the lowest temperature in NYC be on June 16? The primary outcome, 60-61°F, currently prices at $0.67 YES and $0.33 NO, implying a 67% probability. The contract resolves at 12:00 PM ET on June 16, 2026. Total volume stands at $13,027, with $10,293 of that trading in the last 24 hours alone.

How the Sixty to Sixty-One Contract Works

This contract resolves YES if the official lowest temperature recorded in New York City on June 16, 2026 falls within the 60-61°F range. The resolution source is the market itself, drawing on verified meteorological station data. If the overnight low lands anywhere outside that two-degree window, from 58-59°F on the cool side to 62-63°F on the warm side, the contract resolves NO.

  • YES ($0.67): The NYC overnight low on June 16 falls between 60°F and 61°F, inclusive.
  • NO ($0.33): The overnight low falls outside that range, in any direction.

A NO outcome requires the temperature to deviate meaningfully from current readings. If NYC overnight conditions push the low below 59°F or above 61°F, the entire YES position loses. June in New York historically produces overnight lows that can swing several degrees depending on cloud cover, humidity, and wind direction from the Atlantic. The 60-61°F window is relatively narrow. That narrowness is exactly what makes 33% for NO worth examining, even with the contract hours from resolution.

Momentum and Market Signals

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The momentum signal here is unusually sharp. A combined move of plus 34% in one hour and plus 37.5% over 24 hours, against a trend score of 87.95, points to a contract repricing in real time as actual temperature data comes in. This is not sentiment drift. This is traders watching live weather station feeds and updating their positions accordingly. The driver is almost certainly current overnight low readings from Central Park or JFK Airport, the two primary NYC reference stations for this kind of market.

Total volume of $13,027 is modest for a market this close to resolution, with $10,293 arriving in the last 24 hours. Liquidity sits at $26,653, which is healthy relative to volume and means the order book can absorb additional trades without the price gapping. That said, with total volume well under $1M, a single large bet could still move this contract sharply. The thin overall volume makes the momentum signal more meaningful, not less. Traders who moved money in the last hour did so with conviction.

  • The 1h price change of +34% and 24h change of +37.5% combine into one clear signal: real-time temperature data is converging toward 60-61°F.
  • Trend score of 87.95 confirms sustained directional pressure, not a noise spike.
  • Liquidity of $26,653 supports orderly price discovery even this close to the noon deadline.
  • Volume under $1M means any new large bet could reprice the contract before resolution.
  • Competing outcomes, particularly 58-59°F and 62-63°F, absorb the remaining probability mass.

Lines Analysis: What the Temperature Data Is Saying

The data doesn’t care about the politics, and in a same-day weather market, it barely cares about yesterday’s forecast either. The +34% move in the final hour before this contract resolves tells you that actual measured temperatures are coming in consistent with the 60-61°F range. Weather markets at this resolution stage are not about models. They are about what the thermometer says right now. Central Park and JFK Airport have been reporting overnight lows, and the market price reflects those readings.

What makes NO real is a late-night temperature shift. New York City in mid-June can see the overnight low arrive anywhere from 10 PM to 6 AM depending on cloud cover and coastal wind patterns. If the low was recorded earlier and came in at 59°F or 62°F, the YES position collapses at resolution. The 33% NO price is not irrational. A two-degree resolution window is genuinely narrow, and weather measurement at a single official station introduces rounding and timing variation that keeps uncertainty alive even when traders feel confident.

  • Central Park or JFK Airport temperature readings arriving at or confirming the 60-61°F range would push YES probability above 80% before noon resolution.
  • A recorded low at 59°F or below would immediately reprice NO toward 70% or higher.
  • A recorded low at 62°F or above would have the same effect in the opposite direction for higher-range outcomes.
  • Official NOAA station data publication before 12:00 PM ET is the single resolution trigger.

Here’s what the measurements are telling us: the market has already done the hard work. Total volume of $13,027 with $10,293 moving in 24 hours reflects active traders watching the same real-time data feeds. The data favors YES. The narrow window keeps NO alive. What resolves this is not more analysis. It is the final official temperature reading at the designated NYC station before the noon cutoff.

LINES VERDICT

MARKET HAS PRICED THE READING

The 67% probability reflects real-time temperature convergence, not forecast sentiment. The market is pricing what instruments are already measuring, and the momentum confirms it.

What the market says: 67% probability that the NYC overnight low on June 16 falls in the 60-61°F range. The contract is hours from resolution, and any volatility before noon will come from the official station reading, not from new forecasts.

Key unknown: The single most important data point is the official NOAA-verified overnight low from Central Park or JFK Airport recorded before 12:00 PM ET on June 16. That number resolves this contract. Nothing else matters at this stage.

Frequently Asked Questions

It means traders collectively assign a roughly two-in-three chance that the NYC overnight low on June 16 falls between 60°F and 61°F, based on current temperature data and market positioning.

The YES contract pays nothing. Traders holding NO positions collect the full payout. Outcomes like 58-59°F or 62-63°F each represent distinct contracts that would then resolve YES.

An official temperature reading from Central Park or JFK Airport confirming a low outside the 60-61°F window would immediately reprice this contract, likely sharply given the thin total volume.

The market resolves at 12:00 PM ET on June 16, 2026, using verified meteorological station data from New York City as the resolution source.

Total volume of $13,027 is modest. With $10,293 trading in the last 24 hours and liquidity at $26,653, the order book is functional but thin. A single large trade could move the price before resolution.

What Could Shift These Probabilities?

Official Reading Confirms Sixty to Sixty-One

If the designated NYC weather station records a final overnight low between 60°F and 61°F before the noon cutoff, the YES contract resolves at full value. The current momentum suggests this scenario is already partially priced. Traders who entered below $0.50 in the last 24 hours stand to collect a meaningful return on a tight temperature window.

Late Temperature Dip Breaks the Window

New York City overnight lows in mid-June can arrive as late as early morning, and a shift in Atlantic coastal winds could push the measured low to 59°F or below. If that happens, the NO position pays out and YES holders lose entirely. The 33% NO probability reflects exactly this scenario: real uncertainty about a narrow two-degree target window.

Adjacent Outcome Captures the Low

The 58-59°F or 62-63°F outcome buckets each represent live competing contracts. If the overnight low lands just outside the 60-61°F range by a single degree, those adjacent outcomes reprice sharply upward while this contract collapses to near zero. Measurement rounding at official stations makes single-degree misses a genuine possibility.

Station Data Delay or Discrepancy

If the resolution source encounters a data reporting delay or if Central Park and JFK Airport readings diverge, resolution timing could extend toward or beyond the noon deadline. Thin liquidity of $13,027 total volume means even a brief ambiguity window could trigger sharp price swings in either direction before the official number is confirmed.

Key macro factor: Mid-June NYC overnight temperatures are influenced by Atlantic sea surface temperatures and humidity, both of which have run above historical averages in 2026, creating a slight warm bias in overnight lows that supports the 60-61°F range over lower outcomes.

Market Timeline

Jun 15, 1:30 AM
Market Created
Jun 15, 1:33 AM
Event Start
Jun 15, 1:46 AM
Market Opened
12:00 PM
Market Resolution

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