April 8, 2026 - April 11, 2026, the price of ↓ $168 plummeted from 61.5c to 18.5c, and ↓ $160 dropped from 39c to 10c, while ↑ $192 surged to 72.5c after a brief dip. The reason is a significant rally in NVDA's underlying stock during this period, drastically reducing the odds of hitting lower price targets.
March 25, 2026 - March 26, 2026, the Yes prices of multiple options (e.g., ↑ $244, ↑ $228, ↓ $100) plummeted from ~49c to ~10c. The reason is that the mispricing caused by liquidity dry-ups the previous day was corrected by the market, returning to reasonable low-probability valuations.
March 24, 2026 - March 25, 2026, the Yes prices of multiple deep out-of-the-money options surged from ~10c to ~50c. The reason is extremely poor market depth and a lack of market maker quotes, leading to massive bid-ask spreads or default quote anomalies.