Hurricane hits Tampa in 2024?
Category 1 or higher N/A
Category 2 or higher N/A
Category 3 or higher N/A
1D
1W
1M
ALL
2024 (+0)
$303,538vol
Category 1 or higher
No
Category 2 or higher
No
Category 3 or higher
No
2 more markets
Rules summary for
Category 1 or higher
If the National Weather Service reports that a maximum sustained wind-speed of at least 74 miles per hour in Tampa, Florida that occurred between June 18, 2024 and November 30, 2024, then the market resolves to Yes. Outcome verified from National Weather Service.
The Exchange uses two NWS products for its Underlying: (1) the Daily Climate Reports for Weather Forecast Offices located in Tampa, FL and (2) any location within Tampa, FL included in an NWS Post-Storm Hurricane Report. The station "Old Port Tampa" is not located within the city of Tampa, Florida.
The market will expire on the first 10:00 AM ET following the release of official data at the Underlying confirming the event has occurred. Otherwise, the market will expire on the sooner of the the first 10:00 AM ET following the release of data for November 30, 2024, or one week after November 30, 2024. Timeline and payout
About
The 2024 Atlantic hurricane season is predicted to be "very active" and potentially explosive, with AccuWeather forecasting 20-25 named storms, eight to 12 hurricanes, and four to six major hurricanes. This is significantly higher than the average season, which typically sees 14 named storms and seven hurricanes. The warm ocean temperatures and the transition from an El Niño to a La Niña weather pattern are key factors contributing to this active season.
Show more
