A tropical disturbance, 96L, has formed north of Puerto Rico and Hispaniola per the National Hurricane Center (NHC).

Will 96L further develop into a tropical storm as it is forecast to move northwestward?

Resolves YES if 96L reaches tropical storm strength, before dissipation or merger with non-tropical fronts, 

Resolves NO if the conditions for YES are not satisfied before dissipation or merger with non-tropical fronts.

Will resolve and adjudicate based on NHC advisories. 

I will not bet on this market, but I will put Ṁ150 in as subsidy.