Today's verdict · Prediction-market read on the AI cycle
Constructive · hedged

Still priced to run – with stress building underneath.

Bull share 69.8% says acceleration is still the base case, but the crash-pressure gauge says the wider market is paying up for protection.

SNAPSHOT · 2026-07-11
Why today
Today the AI trade reads Calm.
SOXX 25Δ risk reversal – 9.2 vol pts of downside skew
Highest-pressure family · Options skew 32 / 100 · Puts over calls on the semis complex · As of 2026-07-10
The verdict rule · direction × stress · today's cell is highlighted
Direction ↓ · Stress →CalmElevatedStressed
Bullish · bull share ≥ 55%Risk-onConstructive · hedgedCaution
Mixed · 45–55%No edgeNo edgeCaution
Bearish · bull share < 45%Risk-offRisk-offRisk-off
Direction is the Bull side's share of the pair (BULL + BEAR = 1), read from 20 live Polymarket AI markets. Stress is the crash-pressure regime – five signal families scored 0–100 against fixed calm→stress ranges (Elevated ≥ 35, Stressed ≥ 55, with single-market trips capped at Elevated). Thresholds and caveats: methodology.
Under the verdict

Three layers, one click each.

The landing page carries the conclusion. The inputs – twenty prediction markets, five signal families, and the math connecting them – each get their own page.