Pro Baseball Playoff Qualifiers

This St. Louis Cardinals playoff qualifier contract is trading at a deeply depressed 13¢ with an extraordinarily high Yes-side implied yield of 1348%, suggesting either severe mispricing or significant tail risk not captured by the baseline probability. The thin 24-hour volume of $101 against $12,374 open interest indicates low liquidity that could amplify slippage, and the elevated Cliff Risk Index of 7 signals potential binary outcome sensitivity near resolution. With 199 days to expiry and the price stable at 12¢ over the past week, this appears to be a contrarian opportunity if you believe St. Louis has better than 13% odds of qualifying, though the illiquidity warrants caution on position sizing.

Resolution rules

If St. Louis is one of the 2026 Pro Baseball Playoff Qualifiers, then the market resolves to Yes.

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