Mar 13, 2026 - Mar 14, 2026, the price of 'June 30' plummeted from 36.5c to 24c, as key mid-March political hurdles (such as the Spring Budget or the rumored 'Ides of March' plot) passed without incident, leading the market to believe the imminent threat to Starmer had temporarily lifted, causing a liquidation of short-term bearish bets.
Feb 22, 2026 - Feb 25, 2026, the price of 'June 30' dropped from 43c to 33c, as the market entered a cooling-off period after Starmer survived the mid-February 'coup week', ignoring the high risk of the Feb 26 by-election.
Feb 09, 2026 - Feb 10, 2026, the price of 'March 31' plummeted from 17.7c to 5.6c, because although a Cabinet crisis occurred, Starmer stabilized the situation in the subsequent meeting, leading to a sell-off of 'immediate exit' bets.