Market Resolution Rules

This market tracks the official daily closing values of the S&P 500 Index. The tracking window begins with the first official closing price printed after this market is created, and ends at the market close on December 31, 2026.

This market will resolve to the option representing the first event to occur chronologically within this window:

• Closes at or above 8,000 first: Resolves to this if the S&P 500 daily closing value is at or above 8,000.00 on any trading day within the tracking window before it closes at or below 7,000.00.

• Closes at or below 7,000 first: Resolves to this if the S&P 500 daily closing value is at or below 7,000.00 on any trading day within the tracking window before it closes at or above 8,000.00.

• Neither — stays between 7,000 and 8,000 through Dec 31, 2026: Resolves to this if the tracking window concludes on December 31, 2026, without the index having logged a daily closing value at or outside either boundary.

Resolution Details

• Source of Truth: The official daily closing price of the S&P 500 Index (^GSPC) will be determined using historical data from Yahoo Finance. If Yahoo Finance is unavailable or exhibits an obvious data error/discrepancy, the official closing value published directly by S&P Dow Jones Indices will serve as the final arbiter.

• Closing Prices Only: Only the official closing value of the regular trading session (typically 4:00 PM EST) on any given trading day will count for resolution. Intraday highs or lows that briefly cross these thresholds but do not hold through the closing bell will not trigger a resolution.

• Timing Note: While trading/betting on this market closes on Dec 31, 2026, at 1:29 PM EST , the market will not resolve until the final official closing price of the S&P 500 regular session is printed later that afternoon. Any historical data prior to the creation of this market is strictly irrelevant.