Will the maximum WTI front month settle price reach $120.01 by Dec 31, 2026?
Prediction markets currently give a 52% probability that Will the maximum WTI front month settle price reach $120.01 by Dec 31, 2026?. This contract trades at 52¢ on Kalshi, closing December 31, 2026. The market is pricing in a 55% probability that WTI front-month crude will touch $120.01 by year-end 2026, but the extremely high realized volatility of 312% and vol ratio of 2.75 suggest significant uncertainty around oil price trajectories over the next 259 days.
Analysis
The market is pricing in a 55% probability that WTI front-month crude will touch $120.01 by year-end 2026, but the extremely high realized volatility of 312% and vol ratio of 2.75 suggest significant uncertainty around oil price trajectories over the next 259 days. The Yes side's 146.8% annualized implied yield appears attractive relative to the No side's 135.5%, though the recent 7-day price decline from 56¢ to 49¢ indicates recent bearish sentiment, and the modest $13,650 daily volume raises liquidity concerns for larger position sizing. With neutral regime conditions and a 1.0 information arrival rate, this market appears fairly balanced but should be monitored for geopolitical shocks that could rapidly move crude prices toward the $120 threshold.
Also on polymarket at 11¢(Δ +41¢)
Resolution rules
If ICE reports that the maximum price of oil (as defined exclusively by the set of WTI front-month settle prices) is above $120 between Issuance and Dec 31, 2026, then the market resolves to Yes.
Indicators
Regime
Edges (4)
Trade
sf trade KXWTIMAX-26DEC31-T120 yes 100