Spread: Al Najmah Saudi Club (-1.5)

This illiquid market on Al Najmah's -1.5 spread shows extreme distress signals with zero 24-hour volume despite $55.7k open interest and a massive 56¢ bid-ask spread. The price has collapsed 27% over seven days (48¢ to 35¢), and the astronomical 9562% implied yield on the Yes side suggests severe mispricing or potential resolution uncertainty, possibly tied to postponement risk given the incomplete resolution criteria text. With only 7 days to expiry and a Cliff Risk Index of 2, this appears to be a stranded position where liquidity has evaporated, making exit difficult regardless of directional conviction.

Resolution rules

In the upcoming Saudi Professional League game, scheduled for April 23 at 12:10 PM ET: This market will resolve to "Al Najmah Saudi Club" if Al Najmah Saudi Club win the game by 2 or more goals. Otherwise, this market will resolve to "Al Taawoun Saudi Club". If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50–50. This market will resolve according to the official final score published on slstat.com. This market refers only to the outcome within the first 90 minutes of regular play plus stoppage time. The primary resolution source for this market is the official statistics of the event as recognized by the governing body or event organizers. However, if the governing body or event organizers have not published final match statistics within 2 hours after the event's conclusion, a consensus of credible reporting may be used instead.

Indicators

Regime

Trade