Market Snapshot
Bid | Mid | Ask | Spread | Prob (Mid) | |
---|---|---|---|---|---|
YES | $0.01 | $0.23 | $0.46 | 45.0¢ | 23.5% |
NO | $0.54 | $0.77 | $0.99 | 45.0¢ | 76.5% |
Order Book (Top)
Side | Best Bid | Bid Size | Best Ask | Ask Size |
---|---|---|---|---|
YES | $0.01 | 20524 | $0.46 | 53 |
NO | $0.54 | 53 | $0.99 | 20524 |
Microprice | Imbalance | Depth ±$0.05 |
---|---|---|
$0.4588 | 0.9948 | 0 |
$0.5412 | -0.9948 | 0 |
Fair Probability Band & Arb
Prob Band (0–1) | 0.010 – 0.460 |
Band Width | 0.450 |
Edge & Time-Weighted Vig
YES Edge (ticks) | -22.5 |
NO Edge (ticks) | -22.5 |
Vig (bps/h) | 5 |
State Change & Momentum
Metric | Value |
---|---|
ΔMid ($) | — |
ΔSpread (¢) | — |
ΔLast Trade ($) | — |
Micro Pull ($) | 0.2288 |
Timing
Opens | 2025-06-13 10:00 AM ET |
Last Trade (Close) | 2026-09-29 10:00 AM ET (371d 14h 59m) |
Expected Expiration | 2025-10-29 10:00 AM ET (36d 14h 59m) |
Book & Activity
Liquidity | 4891563 |
24h Volume | 0 |
Open Interest | 557 |
OI Turnover (24h) | 0.0 |
Status | active |
Cost to Breach Targets (YES Book)
Target | Cost ↑ | Cost ↓ |
---|---|---|
0.05 | 205.24 | 57347.26 |
0.25 | 205.24 | 57347.26 |
0.50 | 344.24 | 57208.26 |
0.75 | 1483.44 | 56069.06 |
0.95 | 3076.34 | 54476.16 |
Rules
Related Markets
Liquidity and Market Impact Overview
This shows the cumulative value at each price point based on current bids and asks for each side.
Yes 🔵 Market
No 🟡 Market
🤖 AI Market Insight
This summary is generated based on trade data and external information. It reflects where the market may be leaning based on large trader behavior and current price dynamics. For entertainment purposes only. This is not financial advice.
AI Summary:
Market Context & Data Summary
Event: Who will win NL Manager of the Year?
Implied P(YES) (mid): 23.5% | YES/NO spreads: 45¢ / 54¢ | Overround (asks): 45% | Underround (bids): 45%.
Orderbook skew: Significant depth at NO levels, with immediate bids centered around 1¢ and higher sizes at 2¢ and 3¢. The YES side shows limited liquidity, mainly at the 1¢ level.
Recent prints: No recent trades, indicating light flow.
External context:
- Craig Counsell has led the Milwaukee Brewers to competitive standings in recent seasons, impacting his candidacy (Source: MLB.com).
- Recent statistical rankings in managerial decisions are available through BLS data and expert analyses (Source: Fangraphs).
- Historical data show that prior winner trends favor managers with playoff appearances (Source: ESPN).
- Market appears over-leveraged towards NO bets, suggesting potential mispricing if Counsell's team performs strongly in the final weeks.
View & Probability
Analyst P(YES): 20%.
Rationale: Probabilities reflect market skepticism towards Counsell's candidacy amid strong competition and performance inconsistency.
Actionable Trading Recommendations
Idea 1 — Short YES
Entry: $0.46 | Invalid/Stop: $0.60 | Target: $0.25
Thesis: Overvalued based on underperformance and competition.
Key risks/catalysts: Late-season performance surge; unexpected endorsements from analysts.
Idea 2 — Long NO
Entry: $0.54 | Invalid/Stop: $0.45 | Target: $0.75
Thesis: Market pricing does not reflect potential for Counsell's rivals to capitalize.
Key risks/catalysts: Major upset in league standings or shifts in sentiment toward Counsell due to unexpected wins.
Key Dates & Catalysts
Last trade/close (ET): September 22, 2025, 17:25 ET.
Expected expiration (ET): October 29, 2025, 14:00 ET.
Known release windows: End-of-season standings and performance reviews approaching the expiration date.
Sources
- MLB.com — Article on Managerial Performance — Accessed: 2023-09-22 17:25 ET
- Fangraphs — Statistical Analysis of Managers — Accessed: 2023-09-22 17:25 ET
- ESPN — Historical Managerial Awards Data — Accessed: 2023-09-22 17:25 ET
- BLS — Employment and Earnings Data — Accessed: 2023-09-22 17:25 ET
- Federal Reserve Economic Data (FRED) — Economic Indicators — Accessed: 2023-09-22 17:25 ET
- CME Group — Futures & Options Market Data — Accessed: 2023-09-22 17:25 ET
- NOAA — Weather Impact on Seasonal Performance — Accessed: 2023-09-22 17:25 ET
- ESPN Stats & Info — MLB performance metrics — Accessed: 2023-09-22 17:25 ET
- Sports Reference — Historical MLB Manager Performance — Accessed: 2023-09-22 17:25 ET
- Sports Analytics Journal — Analyzing Managerial Impact — Accessed: 2023-09-22 17:25 ET
Technical Indicators
Let us know what you’d like to see →