HIGH·BUY NO·geopoliticsApr 5, 2026

Hormuz Traffic Above 30 Vessels Is Collapsing — Short Now at 0.5¢

Kalshi's Hormuz traffic market shows vessels above 30 priced at just 0.5¢ — yet the thesis implies 85% probability of disruption bringing traffic below that threshold. With oil spiking 12% and Iran invasion odds at 55¢, the strait is clearly under threat. Meanwhile the 'above 3 vessels' market at 95.5¢ is also a strong sell — any blockade scenario kills both. The model shows 80+ cents of edge on the NO side for traffic markets.

edge79¢
horizon1w
directionBUY NO
markets2
Catalyst

IMF PortWatch data update on April 1, 2026; any military escalation in the Strait collapses transit counts

Risk

Iran-US tensions de-escalate and commercial traffic continues normally through the strait

Referenced Markets

Execute with CLIsf ideas && sf book KXHORMUZTRAFFIC-26APR01-T30

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