Mar 21, 2026 - Mar 22, 2026, '30°C or higher' crashed from 36c to 5c, and '29°C' fell from 29.5c to 10c. The reason is that as the resolution date neared, mainstream weather models did not validate the extreme heat scenario, causing the speculative bubble based on AccuWeather data to burst.
Mar 21, 2026 - Mar 22, 2026, '27°C' surged from ~24c to a peak of 41.5c (settling at 37c), as capital fled the collapsing high-heat options and flowed back into the reasonable range aligned with mainstream forecasts (IBM/Wunderground).
Mar 20, 2026 - Mar 21, 2026, '25°C' crashed from 26c to 1.25c, indicating the market's complete abandonment of lower-median temperature possibilities early on.