AI pick
NO on Hormuz transit 7-day MA above 60 before Jul 1, 2026
NO
95¢
MEDIUM convictionedge +2¢EV 2%closes Jul 7
Latest PortWatch reading (Jun 7) is 2 transits/day; the 7-day MA has not exceeded ~12 since late February. True YES ~3% vs ~5-6% priced — a thin but highly defensible low-variance carry. Cleanest tail: an immediate, comprehensive ceasefire that normalizes shipping within days (correlated with the Iran-deal leg).