Jones Act domestic shipping requirements removed by December 31?
BUY YES
- Cost
- 9.0¢
- Implied chance
- 9.0%
- Return if right
- 1011.1%
- Spread cost
- 18%
If you put in $100
You get 1111.1 shares at 9.0¢ each.
YES wins: $1111.11 back, a profit of $1011.11. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $222.22 of that profit. Without it you would make $1233.33.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 94.0¢
- Implied chance
- 94.0%
- Return if right
- 6.4%
- Spread cost
- 21%
If you put in $100
You get 106.4 shares at 94.0¢ each.
NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $1.73 of that profit. Without it you would make $8.11.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest news
headlines link to their publishers- Trump extends Jones Act waiver, with limits, in bid to tamp down energy pricesThe Hill · 14h ago
- Keep waiving the Jones Act until it is repealed for goodThe Hill · 6d ago
Headlines are matched on the names in “Jones Act domestic shipping requirements removed by December…”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
The Jones Act of 1920 requires that all goods transported by water between U.S. ports be carried by vessels which are built in the U.S., owned by U.S. citizens, flagged to the U.S., and manned by U.S. crews. This market will resolve to “Yes” if the Jones Act is repealed, altered, or invalidated, or new legislation becomes law, such that any of the Jones Act domestic shipping restrictions to vessels which are built in the U.S., owned by U.S. citizens, flagged to the U.S., and manned by U.S. crews are fully removed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A removal of any of the listed domestic shipping requirements will count. For example, the removal of the domestic shipping requirements for ships to be built in and flagged to the U.S., without the removal of the requirements for those ships to be owned by U.S. citizens to be manned by U.S. crews, would count. New legislation includes any congressional legislation or any executive order, proclamation, memorandum, or other legally-binding executive action which effectively removes one of the listed Jones Act requirements. The primary resolution sources for this market will be official information from the U.S. government. If official information is unavailable or unclear, a consensus of credible reporting may also be used.