Will the minimum WTI front month settle price reach $82 by Apr 30, 2026?
Prediction markets currently give a 3% probability that Will the minimum WTI front month settle price reach $82 by Apr 30, 2026?. This contract trades at 3¢ on Kalshi, closing April 30, 2026. This market is pricing in an extremely unlikely scenario with WTI front-month crude needing to stay below $82 for the entire period through April 30, 2026, reflected in the 14% Yes probability and astronomical 15,106% implied yield.
Analysis
This market is pricing in an extremely unlikely scenario with WTI front-month crude needing to stay below $82 for the entire period through April 30, 2026, reflected in the 14% Yes probability and astronomical 15,106% implied yield. The 31¢ spread and minimal $11.51 daily volume suggest severe illiquidity, making the extreme yield figures potentially misleading given the difficulty of actually executing at quoted prices. With only 14 days to expiration and WTI historically trading well above $82 in recent years, the sharp price movement from 3¢ to 15¢ over seven days and elevated realized volatility of 5,756% indicate this contract is experiencing outsized price swings typical of deep out-of-the-money options approaching expiry.
Resolution rules
If ICE reports that the minimum price of oil (as defined exclusively by the set of WTI front-month settle prices) is below $82 between Issuance and Apr 30, 2026, then the market resolves to Yes.
Indicators
Regime
Edges (5)
Trade
sf trade KXWTIMINM-26APR30-T82 yes 100