Miami Grand Prix: Top 5 Finishers

This market shows extreme illiquidity with only $13.24 open interest and zero 24-hour volume, making the 79¢ price potentially unreliable despite the wide 7¢ spread. The astronomical implied yield of 3260.5% on the No side suggests severe mispricing—either the market is drastically overestimating Leclerc's top-5 probability or lacks sufficient liquidity to reflect true odds. With 29 days to expiry and a high cliff risk index of 3, this contract carries significant execution risk, and traders should be cautious about relying on pricing signals from such a thin market.

Resolution rules

If Charles Leclerc finishes in the top 5 in the Miami Grand Prix originally scheduled for May 3, 2026, then the market resolves to Yes.

Indicators

Regime

Trade