April 2, 2026 - April 2, 2026, the price of the 21°C option surged from 27c to 86c, while the 22°C and 23°C options plummeted from 40.5c and 29.5c to 5c and 8.5c respectively, because actual intra-day weather data showed the high temperature essentially locked in around 21°C.
March 31, 2026 - April 1, 2026, the price of the 22°C option rose from 23.5c to 31.5c, as weather models reached a stronger consensus on 22°C, attracting more capital.
March 31, 2026 - April 1, 2026, the price of the 23°C option fell from 37c to 24.5c, because some of the latest forecasts slightly lowered the expected high temperature.
March 29, 2026 - March 30, 2026, the price of the 23°C option surged from 17c to 33.5c, as weather models reached a stronger consensus on warmer temperatures as the date approached.
March 29, 2026 - March 30, 2026, the price of the 20°C option plummeted from 24.5c to 7c, because colder forecasts were gradually discarded by the market.
March 29, 2026 - March 30, 2026, the price of the 21°C option fell from 26.5c to 15.5c, due to capital shifting toward higher temperature options like 22°C and 23°C.
March 29, 2026 - March 30, 2026, the price of the 19°C option crashed from 17c to 2.5c, as the probability of such low temperatures was largely ruled out in the latest short-term forecasts.