On November 5, 2026, traders on Robinhood will be closely watching the settlement price of the active-month silver futures contract. The platform is offering event contracts that allow users to predict whether the price will settle above specific thresholds: over $400, over $410, over $420, over $430, or over $440 per ounce. These contracts have replaced the previous references to the front-month silver futures, now focusing on the active-month contract for resolution.
Trading for these contracts is available 24 hours a day, except for a brief maintenance window from 3 to 3:15 AM ET on Wednesdays. The payout for correct predictions is $1 per contract owned, with the outcome determined within an hour of the event resolution. Users also have the option to close their positions before the event resolves.
Robinhood Derivatives, LLC, through various exchanges, provides these event contracts, emphasizing that trading involves significant risk and may not be suitable for everyone. The platform also lists similar events for other precious metals, including gold, platinum, palladium, and copper, with their respective target prices for November 2026.