April 28, 2026 - April 29, 2026, Option_'Yes' surged from 76.9c to 88.1c (+11.2c), continuing to rise to 90.35c over the following days. This indicates that market expectations of the customary post-election resignation have reconsolidated, absorbing previous doubts about rule interpretations.
April 19, 2026 - April 22, 2026, Option_'Yes' dropped significantly from 90.1c to 71.05c (-19.05c) before recovering to 79.1c over the next few days. This likely reflected temporary doubts among bettors over market rules regarding whether a technical resignation followed by immediate reappointment would strictly count as 'ceasing to be PM', prompting profit-taking before stabilizing.
April 2, 2026 - April 3, 2026, Option_'Yes' plummeted from 91.25c to 75.25c (-16.0c), likely due to rumors of a potential delay in the transition timeline or stabilization within the government, prompting profit-taking among long holders.
April 3, 2026 - April 4, 2026, Option_'Yes' quickly rebounded from 75.25c to 82.45c (+7.2c), indicating that the market reaffirmed the fundamental logic of his departure before year-end after a brief panic.
March 24, 2026 - March 27, 2026, Option_'Yes' climbed from 83.65c to 91.75c (+8.1c), as market confidence strengthened that the post-election government transition will be completed smoothly before year-end.
March 18, 2026 - March 19, 2026, Option_'Yes' rose from 83.6c to 87.9c (+4.3c) before retracing to 85.4c on March 21. This minor volatility reflects the market's tug-of-war following the confirmed September election date: confidence in a 'year-end transition' drives prices up, while caution regarding the tight '3-month coalition building window' causes pullbacks.
March 11, 2026 - March 14, 2026, Option_'Yes' recovered from 78.8c to 82.8c as the market digested the election timeline.
March 8, 2026 - March 11, 2026, Price corrected sharply from 89.15c to 78.8c, likely due to profit-taking after initial over-optimism.