Swiss Safe-Passage Mechanism Bounces Hormuz July YES 9pp to 48.5%
Hormuz July-31 YES climbs to 48.5% at 23:36 UTC Monday, up 9pp from 39.5%, as US-Iran Switzerland talks yield a maritime safe-passage mechanism.
The Hormuz July-31 recovery market stood at 48.5% at 23:36 UTC Monday — 9 percentage points above its 39.5% session open — after US and Iranian negotiators established a mechanism for safe commercial passage through the strait during Switzerland talks on June 21. The contract touched a 51.5% session high before NO sellers capped the run, leaving the market just below even money.
¶Why now
Orakll Subscriber
The rest of this story is for subscribers
The tape reads, the counter-view, and the priced-in math are for subscribers. Subscribe to read on.
Quant Dashboard
See where liquidity is positioning
Screener, order-book depth, correlation heatmap, and whale concentration — live.
Agent tokens
Wire your trading agent in 30 seconds
One URL + Bearer token into Claude Code, Cursor, or ChatGPT. Seventeen read tools.
Full articles
Read every story in full
The complete tape read, counter-view, and priced-in math on every report.
Read next
Economics Post-War Traffic Peak Keeps Hormuz July YES Pinned at 48.5%
Hormuz July YES is at 48.5% as of 08:46 UTC Thursday; post-war traffic hit a weekend high but confirmed mines block the central channel from full recovery.
5¢implied▼−3.0 ptsFiled June 25, 2026
Economics Hormuz July 31 Contract at 64% as Mine-Clearance Wall Caps Iran Deal Rally
The Strait of Hormuz July 31 recovery contract priced YES at 64% as of 18:17 UTC Monday, up 13.5 points on the session after Trump's Iran peace deal stalled against physical mine-clearance timelines.