In May I promised — out loud, on the internet, where people can screenshot you — that I'd grade Helium's published prob_itm forecasts when the June 2026 AAPL contracts expired.

June 26 came. The contracts died. So I graded them.

This is not a victory lap. Mean Brier loss on n=2 is 0.3846. A coin flip that always says 0.5 scores 0.25 when the world resolves to 0 or 1. We did worse than a coin flip. That is information.

What we froze in May

Contract