A winter storm is expected to impact the Mid-Atlantic and Northeast United States from approximately January 6th, 2024 - January 8th, 2024. Any listed location that receives atleast 4 inches of snow total during these 3 days (local time) will resolve YES. Locations that do not will resolve NO.
The specific resolution source for each area is the official NWS Daily Climate Report, which can be found by visiting the linked field office page, clicking "Observed Weather", ensuring "Daily Climate Report" is checked, and choosing the specific location below:
New York (Central Park): https://www.weather.gov/wrh/Climate?wfo=okx
Washington (Washington-National): https://www.weather.gov/wrh/Climate?wfo=lwx
Philadelphia (Philadelphia): https://www.weather.gov/wrh/Climate?wfo=phi
Boston (Logan Airport): https://www.weather.gov/wrh/Climate?wfo=box
Feel free to add more markets, and preferably specify the resolution source as it will make it easier for me. I may trade in this market to provide additional liquidity since the resolution is completely objective. If a location receives 4 inches, it can resolve YES immediately, it is not necessary to wait until January 9th.
For trader information, as of the 12z GEFS run on January 1st, this is the expected total snowfall:
1,000
3.00@traders, if you liked this market, you may like new market for the winter storm expected to hit next week! Instead of focusing on multiple locations, this one just focuses on NYC snowfall amounts.
Traders, these are the snow totals (in inches) for each of the areas, according to the sources in the description:
Boston: 3.8
New York City: 0.2
Philadelphia: Trace
Washington, D.C.: Trace
All locations have received less than 4 inches of snow, so all will resolve NO. With no snow possible for the rest of the day, they are being resolved now.