Venezuela presidential election scheduled by...? - AI Odds Analysis
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Outcomes
Market
Price
AI Fair
Value
Value
Edge
December 31
YesNo
March 31
YesNo
AI Insights:
03.13 09:28 UpdatedFair Value Reasoning:
For the December 31 option, the fair value is set at 45c. Although the price recovered from the March 9 low (35.5c) to 43.5c, indicating resilient sentiment, the lack of substantive official announcements as Q1 ends introduces time decay pressure. The plunge on March 9 revealed the fragility of market confidence; despite the rebound, the continued stalemate suggests a fair value slightly below the 50/50 neutral mark to account for time cost. The March 31 option is effectively worthless with less than 20 days remaining and no signaling, retaining only theoretical tail risk value.
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Rule Risk
There is moderate ambiguity. First, the market bets on when the election is 'scheduled' by, not when it occurs, requiring precise differentiation between announcements and actual event dates. Second, the complex Venezuelan political environment means government announcements can be deceptive or unofficial (e.g., social media hints), complicating resolution. Additionally, the options 'March 31' and 'December 31' lack explicit years; while usually implying the next occurrence, this can be confusing given the 2026 expiry.