S&P7,659.4−1.11%16 Oct
Nasdaq29,187.6−2.53%16 OctStoxx6,204.2+0.58%16 OctFTSE10,796.3−0.79%Nikkei64,916.7−0.62%Hang Seng24,186.8+0.52%16 Oct10Y5.10%+1 bp16 OctS&P7,659.4−1.11%16 OctNasdaq29,187.6−2.53%16 OctStoxx6,204.2+0.58%16 OctFTSE10,796.3−0.79%Nikkei64,916.7−0.62%Hang Seng24,186.8+0.52%16 Oct10Y5.10%+1 bp16 OctS&P7,659.4−1.11%16 Oct
Markets

The next re-rating is down, not up

Between 22 Aug 2026 and 30 Jun 2027, the equal-weighted basket of the three largest listed pure-plays underperforms the Nasdaq 100.

Resolves by
30 Jun 2027
Confirm
Basket below the Nasdaq 100 over the window.
Kill
Basket above, the market paid up; the book was right on direction.
Grade
On the 30 Jun 2027 closes.

This is the hypothesis that directly opposes the position. It is here on purpose.

Series · Close Fri 16 Oct
Nasdaq 100

29,187.6−2.53%

Grade

Open. Grades from the stated sources when the window ends.

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