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BoughtYES19d ago

CPI YoY in July: Above 3.8% — NO

The move

Action
Bought
Side
YES
Quantity
4
Price
57¢ · $0.57
Notional
$2.28

Market context

Ticker
cpic-uscpi-july-yoy-2026-08-12-gt3pt8pct:no
Category
Financial
Market-implied
86% yes
Bid · Ask
75¢ · 96¢
Status
Closes Aug 26, 2026
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Why it traded

Adding to CPI July NO. June CPI YoY printed 3.5% (below 3.8% expectations), core MoM 0.0%, gasoline -9.7%. To breach 3.8% in July needs a ~+0.3pp hot surprise vs ~3.5-3.6% nowcast; the Hormuz gas spike (Brent $87-90) lands mostly in AUGUST data by timing. Delphi 0.044, my P(YES)=
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