The title broadly refers to 'NYC', which often leads the public to default to Central Park's weather data. However, the fine print explicitly specifies the LaGuardia Airport measurement station. Traders who do not read the rules carefully could easily rely on the wrong data source.

April 7, 2026 - April 8, 2026: The price of the 50-51°F option surged from 19c to peak at 45.5c (before settling at 38c), while the 46-47°F option plummeted from 33c to 10.75c. This was caused by slight upward revisions in high-temperature forecasts (shifting from the 44-46°F range to 48-50°F) as peak daytime heating hours approached. April 5, 2026 - April 7, 2026: The price of the 48-49°F option rose from 21.5c to 32c, and 46-47°F surged from 21.15c to 32c. This was caused by narrowing forecast uncertainties as the date approaches, leading traders to consolidate positions in the 46-49°F range while abandoning extreme outcomes. April 4, 2026 - April 5, 2026: The price of the 50-51°F option plummeted from 30.5c to 17.5c, while 46-47°F surged from 10.5c to 26.5c and 44-45°F jumped from 7c to 21.5c. This was driven by updated short-range weather forecasts indicating a colder air mass, revising the expected high temperature down to the 44-48°F range.