Climate and Weather Kalshi September 26, 2026
Hurricane Nolo Threatens Hawaii with Catastrophic Flooding
Hurricane Nolo category?
Kalshi prices this Category 1 or above at 99%. The reporting broadly agrees.
Hurricane Nolo is currently strengthening as it tracks toward Hawaii, with forecasters warning of "catastrophic and life-threatening" flooding, particularly on the Big Island. The storm, which has been described as zig-zagging, is expected to dump significant rainfall, potentially up to three feet in some areas. A hurricane watch is in effect for Hawaii County, indicating that hurricane conditions, including maximum sustained winds of 74 mph or greater, are possible. While the storm is a Category 2, the primary concern remains the severe flooding it could unleash, even as traders put the probability of Nolo reaching Category 1 or above at 99%.
Background
The Hawaiian Islands are bracing for the impact of Hurricane Nolo, a storm that has been steadily gaining strength and causing alarm among residents and officials. This event follows a period of increasing intensity, with Nolo now classified as a Category 2 hurricane. The specific concern for the prediction market is whether Nolo will reach sustained winds of 74 mph, classifying it as a Category 1 hurricane or higher. The market has seen a rise in its odds over the tracking period, reflecting growing concerns about the storm's potential impact on the region as it approaches its December 1 resolution date.
The precedent
- Hurricane Lane in 2018 brought over 50 inches of rain to parts of Hawaii, causing widespread flooding and landslides, despite not making a direct landfall as a major hurricane.
- Hawaii is rarely hit directly by major hurricanes, though tropical storms and their associated rainfall are more common.
Context compiled by Crowdtells from the public record — verify before relying on it.
What the coverage agrees on
- Hurricane Nolo is threatening Hawaii with heavy rain and potential flooding.
- Nolo is currently a Category 2 hurricane.
- Forecasters warn of "catastrophic and life-threatening" flooding in Hawaii.
- A hurricane watch is in effect for Hawaii County.
How outlets frame it
- CBS News: CBS News specifically highlights the potential for "catastrophic and life-threatening" flooding and notes that Hurricane Polo, another powerful storm, regained Category 5 status off Mexico, providing a broader context of hurricane activity.
What to watch
Residents of Hawaii's Big Island are under a hurricane watch, with the most immediate concern being the onset of heavy rainfall and potential for flash flooding. Forecasters will closely monitor Nolo's exact path and any further intensification or weakening as it nears the islands. The storm is expected to begin a slow weakening trend by the weekend, but the threat of significant rainfall and high winds remains paramount.
The numbers behind this
Kalshi prices this Category 1 or above at 99%.
24h +1.0 pts
$8.7K traded · $5.5K in the last day · $7.4K open interest
Resolves on: If Nolo reaches maximum sustained winds of greater than or equal to 74 mph, then the market resolves to Yes.
Pricing Kalshi 99%
Sources
- TRACKING NOLO | Category 2 Hurricane Nolo nears Big Island as hurricane conditions become possible kitv.com
- Hurricane Nolo threatening Hawaii with heavy rain as Polo churns near Mexico pbs.org
- Hurricane Nolo, a zig-zagging storm, threatens Hawaii with flooding rains npr.org
- Deluge begins in Hawaii as Hurricane Nolo continues to strengthen cnn.com
- Hurricane Nolo could cause "catastrophic and life-threatening" flooding in Hawaii, forecasters warn. See its path. cbsnews.com
Frequently asked questions
Hurricane Nolo category?
Kalshi prices this Category 1 or above at 99%. The reporting broadly agrees.
What do the sources agree on?
Hurricane Nolo is threatening Hawaii with heavy rain and potential flooding. Nolo is currently a Category 2 hurricane. Forecasters warn of "catastrophic and life-threatening" flooding in Hawaii. A hurricane watch is in effect for Hawaii County.
When does this market resolve?
This market resolves on: If Nolo reaches maximum sustained winds of greater than or equal to 74 mph, then the market resolves to Yes.
How are these odds set?
Prediction-market odds are prices set by people trading real money on the outcome, so the price reads as the crowd’s implied probability — not a guarantee or financial advice.
AI-written briefing grounded in 5 sources and the live market, edited by Samuel Jo. Odds are crowd probabilities, not advice — how this works.