
If the 7-day moving average of transit calls through the Strait of Hormuz as reported by the IMF PortWatch is above 60 before contract date, then the market resolves to Yes. Outcome verified from IMF PortWatch.
If the 7-day moving average of transit calls through the Strait of Hormuz as reported by the IMF PortWatch is above 60 before Jan 1, 2027, then the market resolves to Yes. Outcome verified from IMF PortWatch. Read the full contract terms & conditions.