Waiting for the feed…
One of the outcomes of “Will China invade Taiwan by end of 2026?”. Outcomes: Yes / No. Catalogue status: active.
This market will resolve to "Yes" if China commences a military offensive intended to establish control over any portion of the Republic of China (Taiwan) by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Territory under the administration of the Republic of China including any inhabited islands will qualify, however uninhabited islands will not qualify. The resolution source for this market will be will be official confirmation by China, Taiwan, the United Nations, or any permanent member of the UN Security Council, however a consensus of credible reporting will also be used.
The committee calendar is the whole trade. There are eleven session days before the recess and the bill is not on the docket — anything that slips past October has to survive a lame-duck floor fight.
Same read. I bought No at 22 and I am not touching it until the calendar changes.
The discharge petition is the tail risk everyone here keeps forgetting about.
Industry groups are spending real money on this and the Treasury buyback headline gave the whole sector cover. The current price feels two or three points too cheap even with calendar risk.
Watch the Senate companion. If it is not marked up by mid-September this market goes to 5% and the spread will not let you out cleanly.
Resolution language matters here: an amended bill that keeps the number still counts. That is a meaningfully wider path to Yes than people are pricing.
