**Trader sentiment for a peak RONI above 2.5°C (68.5% implied probability) is driven primarily by NOAA CPC’s August 13 outlook assigning a 69% chance of a historic October–December 2026 RONI value exceeding all prior events since 1950, alongside >90% odds of a very strong peak (≥+2.0°C).** Current conditions support this positioning: the event has strengthened rapidly since spring 2026, with July Niño-3.4 anomalies at +1.4°C (conventional) and RONI near +1.0°C for MJJ, weekly Niño-3.4 reaching +2.6°C by late August, and coupled ocean-atmosphere signals including deep subsurface warming (+10°C anomalies) and westerly wind anomalies. Multi-model ensembles (CFSv2, GFDL SPEAR, IRI) converge on an Oct–Dec peak amid record or near-record Niño-3.4 warmth, with the relative index isolating ENSO strength from background tropical warming. Lower-probability bins (2.0–2.5 at 29% combined) reflect remaining ensemble spread and typical late-season forecast adjustments before the peak window closes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhat will the peak RONI be for the 2026–27 El Niño?
Over 2.5 69%
2.25–2.5 21%
2.0–2.25 7.8%
1.5–2.0 <1%
$15,791 Vol.
$15,791 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
8%
2.25–2.5
21%
Over 2.5
69%
Over 2.5 69%
2.25–2.5 21%
2.0–2.25 7.8%
1.5–2.0 <1%
$15,791 Vol.
$15,791 Vol.
Under 1.5
<1%
1.5–2.0
1%
2.0–2.25
8%
2.25–2.5
21%
Over 2.5
69%
The peak RONI is the single highest Regional Ocean Niño Index (RONI) value reported by NOAA's Climate Prediction Center (CPC) across the overlapping three-month seasons ASO 2026, SON 2026, OND 2026, NDJ 2026-27, and DJF 2026-27, as reported in official NOAA CPC RONI updates (https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/).
The first published RONI value for each listed season is final and governs resolution; no subsequent revision to a season's value will change the outcome once that season's first value has been published. If CPC's RONI dataset is permanently discontinued, other information from NOAA may be used.
Market Opened: Aug 17, 2026, 3:17 PM ET
Resolver
0x69c47De9D...The peak RONI is the single highest Regional Ocean Niño Index (RONI) value reported by NOAA's Climate Prediction Center (CPC) across the overlapping three-month seasons ASO 2026, SON 2026, OND 2026, NDJ 2026-27, and DJF 2026-27, as reported in official NOAA CPC RONI updates (https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/).
The first published RONI value for each listed season is final and governs resolution; no subsequent revision to a season's value will change the outcome once that season's first value has been published. If CPC's RONI dataset is permanently discontinued, other information from NOAA may be used.
Resolver
0x69c47De9D...**Trader sentiment for a peak RONI above 2.5°C (68.5% implied probability) is driven primarily by NOAA CPC’s August 13 outlook assigning a 69% chance of a historic October–December 2026 RONI value exceeding all prior events since 1950, alongside >90% odds of a very strong peak (≥+2.0°C).** Current conditions support this positioning: the event has strengthened rapidly since spring 2026, with July Niño-3.4 anomalies at +1.4°C (conventional) and RONI near +1.0°C for MJJ, weekly Niño-3.4 reaching +2.6°C by late August, and coupled ocean-atmosphere signals including deep subsurface warming (+10°C anomalies) and westerly wind anomalies. Multi-model ensembles (CFSv2, GFDL SPEAR, IRI) converge on an Oct–Dec peak amid record or near-record Niño-3.4 warmth, with the relative index isolating ENSO strength from background tropical warming. Lower-probability bins (2.0–2.5 at 29% combined) reflect remaining ensemble spread and typical late-season forecast adjustments before the peak window closes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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