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Will Heavenly Mountain Resort open before Nov 22, 2026?
66%
Agent
74%
Market Price
-7.8%
Edge
56%
Confidence
3,091
Volume
7.0c
Spread
51
Days to resolution
5
Markets in event
final rationale
Mean of 5 draws (0.64, 0.65, 0.64, 0.70, 0.68). (0) Nothing is resolved yet. Heavenly's lift-status page could not be read, and every source shows a zero base and the resort closed as of late September. YES still needs a public ski-lift opening by Nov 21, 2026 (Eastern Time).
(a) There are about seven weeks left, and the outcome hinges on early-to-mid-November snowmaking temperatures and storms.
(b) The status quo is Vail's official target of Nov 20, which leaves only a two-day cushion before the deadline. Recent history shows the target being missed by small margins: 2025 slipped from Nov 21 to Nov 24, and 2023 slipped but just made it on Nov 21. It has also been beaten: Nov 12, 2022 and Nov 20, 2024. Over the last ten seasons, Heavenly opened by the cutoff about 6 times in 10.
(c) NO: a very strong El Niño brings a mild, high-snow-line early November that hampers snowmaking, consistent with OpenSnow's analog-based slow-start outlook. Opening slips to around Thanksgiving, which matches OnTheSnow's algorithmic Nov 26 projection.
(d) YES: cold nights in late October and November let Heavenly's large snowmaking system build a base, possibly helped by an early storm, and it opens Nov 20 or earlier as in 2022 and 2024.
The market at 74% (bid 67%) looks somewhat rich against the ~60% base rate, the tight buffer, and slow-start signals. I shade below the market but stay near the base rate plus the target-date signal.
price vs. prediction
market price
agent forecast at t+0
17 follow-ups
1. Planner Opus 5.5 · picks the research tools
Tools chosen:
kalshi_direct
kalshi_related
resolution_source
wikipedia
article_search
Planner reasoning
The Kalshi price is the anchor, and the related KXHEAVENLYOPEN date strikes along with other resort-opening markets show the implied distribution of opening dates. The resolution source is Heavenly's own site and its opening announcements. Historical opening dates give the base rate, so I'll pull Wikipedia for background and run one targeted search for past opening dates and the announced 26/27 target date.
2. Research parallel tool calls + 4 web research loops (Sonnet 5) · read raw by the forecasters
at a glance
RESEARCH DIGEST (built in code: tool summaries and each report's bottom line; the forecasters read the full tool outputs and reports)
Tools
- kalshi_direct: ## This Market's Kalshi Data **Before Nov 22, 2026** (KXHEAVENLYOPEN-27-22NOV26) - Current price (probability): 74.00% (live; bid 67% / ask 74%) - 7-day price change: +4.00% - 30-day price change: +0.00% - Average daily volume: 343 contracts - Price range: 66.00% - 79.00% - Data points: 9 days
- resolution_source: already_resolved=unclear; matches_criteria=True; last_updated=unknown. The fetched page is Heavenly Ski Resort's Lift & Trail Status navigation page, but the actual lift/terrain status content was omitted from the fetched text (truncated). It shows general site navigation, pass pricing promotions ('Pass Prices Go Up October 7'), and no specific opening date or lift status data for the 26/27 season
- kalshi_related: 2 related markets / summaries. series KXHEAVENLYOPEN: 0 markets (skipped 5 no-signal) | keyword 'ski resort open': ok | keyword 'Heavenly': no matches | keyword 'Palisades Tahoe open': ok
- wikipedia: Fetched 1 Wikipedia entries (0 missing pages).
- article_search: Fetched 18 unique articles across 2 queries (lookback=365d). 'Heavenly Mountain Resort opening day history 2022 2023 2024 2025': 10 articles | 'Heavenly 2026-27 season opening date announced': 10 articles
Research loops, bottom lines
- current state: Vail Resorts' own official target for Heavenly's 2026/27 opening is November 20, 2026 — two days inside the Nov 22 deadline — but last season's precedent shows Heavenly missed an equivalent Nov 21 target and opened Nov 24 (after a Nov-22-style cutoff) due to weather, and current early-October 2026 conditions and seasonal outlooks point to a quiet/dry start with the strongest snow signal arriving later in the season, making an on-time or early opening uncertain despite the favorable target date.
- base rate: The reference class of the last ~10 Heavenly seasons shows opening-before-Nov-22 happening roughly 6 of 10 times (~60%), and the current officially announced Vail Resorts target for 2026-27 (Nov. 20) sits right at that historical margin — two days before the deadline — so the outcome will likely hinge on November 2026 snowfall/temperature conditions just as it has in nearly every prior year.
- yes case: The strongest YES path is a historic/very-strong El Niño peaking exactly in the Oct–Dec 2026 window combined with California's own emergency preparations for an active, wet early winter, both of which argue that the Nov 20 Vail target — already two days clear of the Nov 22 cutoff — is more likely to be met or beaten than missed, especially given Heavenly's outsized snowmaking capacity and the fact that in two of the last four comparable "early-target" seasons the resort actually opened ahead of
- no case: Heavenly's own Nov 20 target has only a two-day cushion against the Nov 22 cutoff, and the specific mechanism that has repeatedly blown through similarly tight early-season targets — snowmaking-hostile temperatures/snow-line issues under a now-confirmed very strong El Niño, a zero natural base as of late September, and a third-party algorithmic tracker already projecting Nov 26 — gives a concrete, evidence-based path to a NO resolution.
tools
| tool | status | time | items | summary |
|---|---|---|---|---|
| kalshi_direct | OK | 0.2s | 1 | ## This Market's Kalshi Data **Before Nov 22, 2026** (KXHEAVENLYOPEN-27-22NOV26) - Current price (probability): 74.00% (live; bid 67% / ask 74%) - 7-day price change: +4.00% - 30-day price change: +0.00% - Average daily volume: 343 contracts - Price range: 66.00% - 79.00% - Data points: 9 days |
| kalshi_related | OK | 5.9s | 2 | 2 related markets / summaries. series KXHEAVENLYOPEN: 0 markets (skipped 5 no-signal) | keyword 'ski resort open': ok | keyword 'Heavenly': no matches | keyword 'Palisades Tahoe open': ok |
| resolution_source | OK | 5.1s | 1 | already_resolved=unclear; matches_criteria=True; last_updated=unknown. The fetched page is Heavenly Ski Resort's Lift & Trail Status navigation page, but the actual lift/terrain status content was omitted from the fetched text (truncated). It shows general site navigation, pass pricing promotions (' |
| wikipedia | OK | 0.7s | 1 | Fetched 1 Wikipedia entries (0 missing pages). |
| article_search | OK | 0.6s | 18 | Fetched 18 unique articles across 2 queries (lookback=365d). 'Heavenly Mountain Resort opening day history 2022 2023 2024 2025': 10 articles | 'Heavenly 2026-27 season opening date announced': 10 articles |
research loops
·
4/4 ok ·
18 searches ·
9 page reads
| dimension | status | time | searches | page reads | report |
|---|---|---|---|---|---|
| current state | OK | 34s | 5 | 3 | 5098 chars |
| base rate | OK | 38s | 4 | 2 | 4594 chars |
| yes case | OK | 47s | 4 | 2 | 4630 chars |
| no case | OK | 54s | 5 | 2 | 6196 chars |
report: current state
- [2026-08-18] Vail Resorts' official 2026/27 preseason announcement set Heavenly's (and Northstar's) target opening day at **November 20, 2026**, two days before the Nov 22 deadline; the release stresses dates are "subject to change based on weather and conditions."
Vail Resorts today kicked off the countdown to winter by dropping its opening dates lineup for the 2026/27 winter season, with Heavenly and Northstar targeting November 20.
- [2026-09-10] Unofficial Networks' tracker of all announced 2026-27 openings confirms Heavenly's planned day as
Heavenly: November 20
, alongside Mammoth (Nov 13), Palisades Tahoe (Nov 25) and Kirkwood (Dec 4) for comparison.
- [2026-09-17] Unofficial Networks reiterated that
Vail Resorts has set Nov. 20 as the target opening date for Heavenly Mountain Resort
, but cautioned
Heavenly's early-season operation is heavily dependent on snowmaking, and the resort's opening terrain can vary substantially depending on November temperatures and natural snowfall.
- [2025-11-23 — prior season precedent] Last year's targeted date was Nov 21, 2025, but Heavenly actually delayed and opened Nov 24, 2025 — three days later than the target —
after delaying its grand opening due to weather, Heavenly Mountain Resort announced it will officially open for the 2025-26 ski season on Nov. 24
, which would have been after a hypothetical Nov-22 cutoff.
- [2026-09-17] NOAA's Climate Prediction Center outlook (released Sept 17) for October 2026 shows a mixed signal for the Sierra/Tahoe region, with the strongest wet signal over the Southwest/southern Rockies rather than Northern California.
NOAA's Climate Prediction Center released its monthly outlook for October 2026 on September 17, and for the mountains, the news is genuinely mixed.
- [2026-08-16] OpenSnow's seasonal outlook, built on a very strong/historic El Niño signal, projects above-normal Tahoe-area snowfall but a weak early season:
OpenSnow's historical analogs point to a potentially slower start to the season, with December favored to be less active before conditions become more favorable for snow in the new year.
This matches a pattern more favorable for a delayed (not early) opening.
- [2026-09-25, approx. 5 days old] A live snow-forecast tracker shows no meaningful snow in the Tahoe Basin as of late September/early October 2026, with clear/overcast conditions and near-zero snow probability in the coming week.
It is currently 2°C (36°F) in Lake Tahoe, California with clear sky. The chance of snow in the next 24 hours is 7%, with no significant snowfall forecast over the next 7 days.
- [2026-09-30] OnTheSnow's current projected-opening field for Heavenly (algorithmic, not Vail's own target) lists Nov 26, a few days later than Vail's official Nov 20 target and after the Nov 22 cutoff.
- [2026-04-18, end of prior season] Heavenly's 2025-26 season was unusually poor; it closed early on April 5, 2026 due to warm weather/low snow, then had a surprise two-day reopening April 18-19, 2026 — context showing the resort's operations are highly weather-contingent year to year.
That led, in part, to numerous ski resort closures, including Heavenly. The resort first shut down early on April 5 due to the warm weather and a lack of snow.
- [2026-09-30, Colorado sibling-contract context] Vail's Colorado early-opening resorts (Keystone, A-Basin, etc.) are still tracking toward typical October targets this year, per a Sept 30 Gazette roundup:
Here's a look at scheduled or anticipated opening dates across Colorado ski country: As early as possible, typically mid-late October: Arapahoe Basin, Keystone, Loveland, Wolf Creek, Winter Park. Keystone Resort was first last year, welcoming guests Oct. 25.
This does not directly affect Heavenly but shows Vail's broader resort network is tracking normally for this season.
- [No lift-status update found] As of today, Heavenly's own "terrain and lift status" / hours-of-operation pages could not be freshly fetched (only cached/older versions were retrievable), so no confirmed real-time statement of lift operations for the 2026-27 season has been found yet; Heavenly's own site last showed it "closed for the season" with a projected Nov 20/Nov 26 range depending on source.
BOTTOM LINE: Vail Resorts' own official target for Heavenly's 2026/27 opening is November 20, 2026 — two days inside the Nov 22 deadline — but last season's precedent shows Heavenly missed an equivalent Nov 21 target and opened Nov 24 (after a Nov-22-style cutoff) due to weather, and current early-October 2026 conditions and seasonal outlooks point to a quiet/dry start with the strongest snow signal arriving later in the season, making an on-time or early opening uncertain despite the favorable target date.
NOT FOUND: A live, dated snow-report or lift-status page from skiheavenly.com for September/October 2026 confirming current on-mountain conditions or any resort statement (within the last two weeks) reaffirming or revising the Nov 20 target could not be retrieved; no Kalshi-contract pricing was sought per instructions.
report: base rate
- [2026-09-17] Vail Resorts has officially set a target opening date of **Nov. 20, 2026** for Heavenly for the 2026-27 season, as part of a company-wide announcement of planned opening dates in August 2026; this target is two days before the Nov. 22 deadline. (https://unofficialnetworks.com/2026/09/17/california-ski-resort-opening-dates-2026-27/)
- [2026-09-10] A broader tracker of 51 North American resorts' announced 2026-27 opening dates also lists
Heavenly Mountain Resort with a 2026–27 opening date of November 20, 2026
, grouping it with Whistler Blackcomb, Park City and others opening the same day. (https://unofficialnetworks.com/2026/09/10/ski-season-opening-dates-2026-27/)
- [2025-11-24] In the most recent (2025-26) season, Heavenly's opening was delayed by warm/dry weather past an original Nov. 21 target and the resort actually opened on **Monday, Nov. 24, 2025** — two days after the Nov. 22 cutoff used in this market — following a storm that dropped
more than 20 inches of snow
in the preceding week. (https://www.kolotv.com/2025/11/23/heavenly-open-monday-its-70th-anniversary-season/)
- [2024-11-15] In the 2024-25 season, Heavenly actually opened early, on **Wednesday, Nov. 20, 2024**, two days ahead of its original Nov. 22 target, after
9 inches of new snow in the last week and more actively falling
allowed snowmaking to finish the base. (https://news.vailresorts.com/heavenly-mountain-resort-to-open-early)
- [2023-11-20] In 2023-24, Heavenly opened on **Tuesday, Nov. 21, 2023** —
after a slight delay due to warmer temperatures, Heavenly Mountain Resort will now open on Tuesday, November 21
— one day before the Nov. 22 cutoff. (https://news.vailresorts.com/news-and-stories?item=123002)
- [n/a] A third-party season-dates tracker lists prior seasons: 2022-23 opened Nov. 12, 2022; 2021-22 opened Dec. 11, 2021; 2020-21 opened Nov. 20 (per Vail's own release) or Nov. 26 (per tracker); 2018-19 opened Nov. 16-17; 2017-18 opened Nov. 17; 2016-17 opened Nov. 23. (https://www.snowpak.ca/lake-tahoe/heavenly-mountain-resort/opening-dates)
- [2020-11-18] In the 2020-21 season, Vail Resorts' own release stated
Heavenly and Northstar are set to open on Nov. 20, Kirkwood is scheduled to open on Dec. 4, weather and conditions permitting
, and Heavenly did open on schedule that week. (https://news.vailresorts.com/mountain/heavenly/resort-news/)
- [2022-08-22] For the 2022-23 season, Vail's planning announcement set
Heavenly and Northstar will target their opening for Friday, November 18
, and the resort ultimately opened even earlier, on Nov. 12, 2022. (https://news.heavenly.vailresorts.com/mountain/heavenly/resort-news/heavenly-northstar-and-kirkwood-announce-winter-2022-23-opening-date.htm)
- [n/a] Reviewing the last ~10 seasons (2016-17 through 2025-26) using news-verified opening dates: approximately 6 of 10 years (2017,2018,2020,2022,2023,2024) opened on or before Nov. 22, while roughly 4 of 10 (2016,2019,2021,2025) opened after that date — implying a historical base rate near 60% for "before Nov. 22."
- [n/a] Third-party crowd-sourced "projected opening date" aggregators (OnTheSnow, EverythingTahoe) show conflicting unofficial projections of Nov. 26, 2026 for Heavenly, but these are not primary Vail Resorts announcements and the question's rules state announced/projected dates do not count for payout — only actual opening day matters. (https://everythingtahoe.com/lake-tahoe-ski-resorts-opening-dates-2026-2027/)
- [2026-09-17] Analysts covering the 2026-27 season note that
Heavenly's early-season operation is heavily dependent on snowmaking, and the resort's opening terrain can vary substantially depending on November temperatures and natural snowfall
, underscoring that the official Nov. 20 target is weather-contingent, as it has been in every past season. (https://unofficialnetworks.com/2026/09/17/california-ski-resort-opening-dates-2026-27/)
BOTTOM LINE: The reference class of the last ~10 Heavenly seasons shows opening-before-Nov-22 happening roughly 6 of 10 times (~60%), and the current officially announced Vail Resorts target for 2026-27 (Nov. 20) sits right at that historical margin — two days before the deadline — so the outcome will likely hinge on November 2026 snowfall/temperature conditions just as it has in nearly every prior year.
NOT FOUND: No official Vail Resorts press release specifically confirming or delaying the Nov. 20, 2026 Heavenly target has been issued yet (as of early October 2026); no betting-market or expert probabilistic forecast specific to this Kalshi contract was found.
report: yes case
YES means: Heavenly Mountain Resort conducts public lift-served ski/snowboard "Seasonal Opening Operations" on or before Nov 21, 2026 (Eastern Time), i.e., it opens its 2026/27 season at or ahead of Vail Resorts' own Nov 20 target rather than slipping past Nov 22.
- [2026-09-28] California Governor Gavin Newsom
has declared a State of Emergency for the entire state of California in anticipation of a wet and wild winter
, a pre-emptive move tied to the developing "super El Niño" that directly raises the odds of early, sustained cold/snow for Sierra resorts including Heavenly. (https://www.powder.com/news/first-ski-resort-open-winter-26-27)
- [2026-09 update] NOAA's Climate Prediction Center's Sept 10, 2026 ENSO discussion puts a
97% chance of a very strong event in September to November, 98% in October to December
, meaning the El Niño forcing is at its strongest precisely during Heavenly's pre-opening/opening window, not later in winter. (https://www.mountainmarker.com/blog/el-nino-ski-season-2026-27)
- [2026-09 update] A dedicated seasonal-forecast analysis names Heavenly specifically as a "tilt-up" resort this season:
California's mountains are among the primary El Niño beneficiaries in North America according to NOAA's historical winter composites. The amplified subtropical jet channels Pacific moisture directly into the Sierra, and strong events have historically produced some of the range's largest seasonal totals.
Heavenly is explicitly grouped with Kirkwood as a top Epic Pass pick for this pattern. (https://www.mountainmarker.com/blog/el-nino-ski-season-2026-27)
- [2026-09-28] Powder's season-opening tracker flags that Mt. Rose-Ski Tahoe — Heavenly's closest Tahoe-basin neighbor — is expected to be first in the basin to open, with forecasters told to
keep an eye out for below-freezing temperatures in mid-October. It could make for an early opening day
, indicating a cold snap mechanism arriving well ahead of Heavenly's own Nov 20 target, giving Heavenly's snowmaking teams a multi-week head start if that pattern verifies. (https://www.powder.com/news/first-ski-resort-open-winter-26-27)
- [n/a, infrastructure] Heavenly's snowmaking system is unusually large for the region —
over 300 high-efficiency fan guns covering 450 acres
— giving it the physical capacity to build an opening-day base quickly once wet-bulb temperatures drop, which is the main mechanical lever that let Heavenly open early in multiple recent seasons. (https://www.alibaba.com/product-insights/when-does-heavenly-ski-resort-open-2026-2026-dates.html)
- [2022-23 precedent] In the comparable "early target" case, Vail's own planning
Vail's planning announcement set Heavenly and Northstar will target their opening for Friday, November 18, and the resort ultimately opened even earlier, on Nov. 12, 2022
(already noted in colleagues' base-rate report, mechanism repeated here: official targets have historically been beaten, not just met, when cold arrives on schedule).
- [2026-09-30] A parallel industry roundup still lists Heavenly's 2026-27 projected date as Nov 20, unchanged and un-walked-back as of the most recent (late-Sept) compilations, i.e., no delay signal has yet been issued by Vail. (https://www.lodgingcompany.com/blog/post/ski-resort-opening-dates-2026-2027)
- [2026-09-28] Sibling early-season resorts across the snowmaking-reliant network (Arapahoe Basin, Keystone, Loveland in Colorado; Sunday River in Maine) are all reporting active snowmaking tests or imminent snowmaking starts in late September, consistent with a colder-than-typical early autumn pattern industry-wide that could also extend into the Sierra and aid Heavenly's base-building before Nov 20. (https://www.powder.com/news/first-ski-resort-open-winter-26-27)
BOTTOM LINE: The strongest YES path is a historic/very-strong El Niño peaking exactly in the Oct–Dec 2026 window combined with California's own emergency preparations for an active, wet early winter, both of which argue that the Nov 20 Vail target — already two days clear of the Nov 22 cutoff — is more likely to be met or beaten than missed, especially given Heavenly's outsized snowmaking capacity and the fact that in two of the last four comparable "early-target" seasons the resort actually opened ahead of its own stated date.
NOT FOUND: No confirmed October 2026 cold-snap or on-the-ground snowmaking start date specifically at Heavenly (only at neighboring Mt. Rose and Sugar Bowl) could be found as of this report; no Vail Resorts statement after the original Aug 18, 2026 announcement reaffirming or revising the Nov 20 target was located.
report: no case
YES means: Heavenly Mountain Resort actually runs at least one public passenger lift for ski/snowboard access to open terrain (not merely scenic/gondola sightseeing, not an announced/projected date) on or before Nov 21, 2026 (Eastern Time calendar day before the Nov 22 close).
- [2026-09-30] A very strong/potentially record El Niño is now confirmed in place, not the "weak La Niña" referenced in older general Tahoe-climate pieces: NOAA's Sept 10 ENSO discussion gives
"a greater than 90% chance of a very strong event during the Northern Hemisphere fall and winter 2026-27,"
with weekly Niño 3.4 readings
"+3.1°C, week of September 23, 2026 — the warmest week in the series since 1981."
https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso_advisory/ensodisc.shtml
- [2026-09-30] A strong El Niño raises the odds of a mild, rain-prone early season rather than cold/snowy: CPC's Oct–Dec outlook places
"a 75% chance of a historic event that would clear every El Niño in the modern record"
for that window, a magnitude historically associated with warmer, wetter-not-snowier early-winter Sierra conditions that hamper snowmaking rather than help it. https://onlyinyourstate.com/usa/super-el-nino-winter-forecast-usa
- [2026-09-30] Mammoth Mountain (the earliest-targeting California resort, Nov 13) got its first flakes of the season on Sept 28, but the report notes
"a dusting fell at McCoy Station... the snow had melted by Tuesday morning, and the summit showed no sign of it,"
showing essentially zero accumulated base anywhere in the Sierra as of month's end — Heavenly is building from an identical zero base.
- [2026-09-30] Even with an early, firm target and an explicit storm-timed adjustment last year, Mammoth's opening still slipped:
"Mammoth Mountain opening day can move, as last year showed. Mammoth first targeted November 14 last year, then shifted it one day to November 15 to take advantage of a forecast storm. The date slipped again because high snow lines during the region's first significant storm cut into conditions, and lifts finally started turning on November 20."
This is the mechanism (snow-line too high for snowmaking/natural snow) that could just as easily push Heavenly's Nov 20 target past Nov 22.
- [2026-09-30] As of this date, Heavenly's and Northstar's own target remains unchanged at Nov 20 per Vail's own release list, but SnowBrains explicitly frames this as still just a plan:
"If November 13 holds, Mammoth will be the first California resort to open, a week ahead of Heavenly and Northstar, which are scheduled to open November 20."
A two-day buffer to the Nov 22 cutoff leaves almost no room for the kind of 3–6 day slip seen in 2023, 2025 and (for Mammoth) 2025-26.
- [2026-09-14] Independent snow-depth tracking for Heavenly itself shows zero base as of mid-September:
"Heavenly snow depths: updated 14 September 2026 - Upper snow depth:: 0 cm - Lower snow depth:: 0 cm."
https://www.snow-forecast.com/resorts/Heavenly-Ski
- [2026-09-30] OnTheSnow's live, continuously updated algorithmic tracker (independent of Vail's PR target) currently projects Heavenly's opening on Nov 26 — four days after the market's Nov 22 cutoff — stating
"Heavenly is closed for the season. Projected reopening: Nov 26."
https://www.onthesnow.com/california/heavenly-mountain-resort/skireport
- [2026-10-01 (page fetch)] Heavenly's own site currently shows no season-opening content at all on its primary visitor-facing "Hours of Operation" page beyond a pass-price deadline banner ("Pass Prices Go Up October 7"), with no reaffirmed Nov 20 opening statement visible — consistent with the resort not yet having issued a fresh confirmation of its target this close to season. https://www.skiheavenly.com/explore-the-resort/about-the-resort/hours-of-operation.aspx
- [2023-11-16, mechanism precedent] In the 2023-24 season Heavenly/Northstar announced a delay past their original plan with language that is directly analogous to what would need to NOT happen this year:
"Heavenly Mountain Resort and Northstar California Resort are delaying their opening date due to recent warm temperatures in the Tahoe region... our expert snowmaking teams are ready to make snow at every possible opportunity so that we can open for the 2023/24 ski and ride season the moment we're able to."
That season still squeaked in by Nov 21 (one day before this market's cutoff), underscoring how tight the margin is even in a "successful" year.
- [2025-11-23, prior-season mechanism] Last year's delay was driven explicitly by temperature, not just snow totals:
"We originally planned to open on the 21st, but Mother Nature took a little longer to join the party here... in the last week though, we got 20 inches of snow and some really good temperatures for snowmaking."
Heavenly opened Nov 24, two days after this year's equivalent cutoff — showing that even a strong last-minute storm plus a favorable cold snap was not enough to beat a Nov-22-style deadline.
- [2026-09-30] Payout technicalities add further friction: scenic gondola sightseeing, which Heavenly often runs well before ski-lift opening, explicitly does not count for this market, and the rules require an actual public ski/snowboard lift opening with "resort-designated open terrain" — a materially higher bar than the partial/soft openings (single lift, limited terrain) Heavenly sometimes advertises as "open" for press purposes.
BOTTOM LINE: Heavenly's own Nov 20 target has only a two-day cushion against the Nov 22 cutoff, and the specific mechanism that has repeatedly blown through similarly tight early-season targets — snowmaking-hostile temperatures/snow-line issues under a now-confirmed very strong El Niño, a zero natural base as of late September, and a third-party algorithmic tracker already projecting Nov 26 — gives a concrete, evidence-based path to a NO resolution.
NOT FOUND: No fresh (within the last 2 weeks) on-mountain snow-base report, snowmaking-start announcement, or updated opening-date statement specifically from Heavenly/Vail Resorts for the 2026-27 season could be located; Heavenly's own "Lift & Terrain Status" page content could not be retrieved live.
3. Forecasters 5 draws · Opus 5.5 + GPT-5.6 Sol · plain mean
claude-opus-5-5
48% conf
| Yes | 64% |
| No | 36% |
(0) Nothing is resolved yet. Heavenly's lift-status page could not be read, and every source shows a zero base and the resort closed as of late September. YES still needs a public ski-lift opening by Nov 21, 2026 (Eastern Time).
(a) There are about seven weeks left, and the outcome hinges on early-to-mid-November snowmaking temperatures and storms.
(b) The status quo is Vail's official target of Nov 20, which leaves only a two-day cushion before the deadline. Recent history shows the target being missed by small margins: 2025 slipped from Nov 21 to Nov 24, and 2023 slipped but just made it on Nov 21. It has also been beaten: Nov 12, 2022 and Nov 20, 2024. Over the last ten seasons, Heavenly opened by the cutoff about 6 times in 10.
(c) NO: a very strong El Niño brings a mild, high-snow-line early November that hampers snowmaking, consistent with OpenSnow's analog-based slow-start outlook. Opening slips to around Thanksgiving, which matches OnTheSnow's algorithmic Nov 26 projection.
(d) YES: cold nights in late October and November let Heavenly's large snowmaking system build a base, possibly helped by an early storm, and it opens Nov 20 or earlier as in 2022 and 2024.
The market at 74% (bid 67%) looks somewhat rich against the ~60% base rate, the tight buffer, and slow-start signals. I shade below the market but stay near the base rate plus the target-date signal.
claude-opus-5-5
50% conf
| Yes | 65% |
| No | 35% |
(0) Nothing shows the condition met or ruled out. Heavenly's lift-status page returned no live data, and independent trackers show zero base as of mid-to-late September, so this depends entirely on November weather and snowmaking. (a) About 7 weeks remain. Heavenly must run a public ski lift by Nov 21 Eastern Time. (b) Status quo: Vail's official target is Nov 20, two days inside the cutoff, and has not been revised, so if the plan holds the market resolves Yes. History shows the target routinely moves a few days either way. (c) NO: a mild, high-snow-line November limits snowmaking and the opening slips past Nov 22. That happened last season, when a Nov 21 target became a Nov 24 opening, and OnTheSnow's algorithm currently projects Nov 26. OpenSnow's El Niño analogs also point to a slower early season. (d) YES: a mid-to-late October or early November cold snap lets Heavenly's large snowmaking system build a base. It could then hit or beat Nov 20, as in 2024 (opened Nov 20, ahead of a Nov 22 target), 2022 (Nov 12 vs. a Nov 18 target) and 2023 (Nov 21). The 10-year base rate for opening before Nov 22 is about 60%, and the last six seasons were 4 of 6. The Kalshi price is 74% (bid 67%, ask 74%, mid about 70%). Given the thin two-day cushion and early-season El Niño analogs that lean warm or slow, I shade slightly below market to 0.65.
claude-opus-5-5
50% conf
| Yes | 64% |
| No | 36% |
(0) Nothing has resolved yet. Heavenly's lift-status page showed no 2026/27 operations, and snow-forecast.com showed zero snow depth as of mid-September. (a) About seven weeks remain. To resolve Yes, Heavenly must run a public ski lift on or before Nov 21 ET. (b) If nothing changes, Vail's official target of Nov 20 (announced Aug 18 and still unrevised in late-September roundups) holds. That leaves only a two-day cushion before the deadline. (c) No: a mild, snowmaking-hostile November (high snow lines, warm nights) pushes the opening past Nov 21. That happened in 2025, when the Nov 21 target slipped to Nov 24, and nearly happened in 2023, when Heavenly opened Nov 21 after a delay. OnTheSnow's algorithmic tracker already projects Nov 26, and OpenSnow's El Niño analogs point to a slow start. (d) Yes: cold arrives in late October or November, Heavenly's large snowmaking system builds the base, and it opens on or before its Nov 20 target, as it did in 2022 (Nov 12) and 2024 (Nov 20). An early storm tied to the very strong El Niño would help. The historical base rate for opening on or before Nov 21 is roughly 60% over the past decade. The Kalshi price is 74% (bid 67, ask 74), which seems somewhat rich given the thin cushion and El Niño's tendency toward warm early seasons. I shade below the market to about 64%.
gpt-5.6-sol
68% conf
| Yes | 70% |
| No | 30% |
(0) The condition has not already been shown as met: Heavenly’s lift-status page contains no retrievable evidence of 2026/27 public ski operations, so at least one qualifying public lift must operate on resort-designated ski terrain by November 21 Eastern Time. (a) About 51 days remain until the November 22 deadline, leaving most of the decisive snowmaking and natural-snow window ahead. (b) The status quo is No because Heavenly is currently closed, although Vail Resorts officially targets November 20, two days inside the cutoff. (c) No results if warm temperatures or high snow levels prevent sufficient base-building and force even a short delay, as happened when the November 21, 2025 target slipped to November 24; OnTheSnow’s current November 26 projection supports that risk. (d) Yes results if normal cold-weather snowmaking opportunities or an early Sierra storm allow Heavenly’s substantial snowmaking system to meet or beat November 20, consistent with roughly six of the last ten seasons opening by November 22. Kalshi’s current Yes price is 74%, but I lower it modestly to 70% because the narrow two-day buffer, approximately 60% historical base rate, weak early-season outlook, and recent missed target outweigh the still-uncertain El Niño upside; late-September zero base is only weak evidence this far ahead.
gpt-5.6-sol
62% conf
| Yes | 68% |
| No | 32% |
(0) The condition has not been shown as already met: Heavenly’s lift-status page yielded no confirmed 2026/27 public ski operations, so at least one qualifying passenger lift must operate on resort-designated ski terrain by November 21 Eastern Time. (a) About 52 days remain until the November 22 deadline, leaving the decisive snowfall and snowmaking-temperature window mostly ahead. (b) The status quo is No because the resort is currently closed, although Vail’s official target of November 20 would produce Yes if met. (c) No results if warm temperatures or high snow lines impede snowmaking and force even a short delay, as happened when the November 21, 2025 target slipped to November 24; OnTheSnow’s current November 26 projection supports this risk. (d) Yes results if sufficiently cold snowmaking windows or natural snowfall let Heavenly meet its November 20 target, aided by its extensive snowmaking infrastructure and precedents such as openings by November 21 in 2022, 2023, and 2024. I anchor on Kalshi’s 74% Yes price but reduce it to 68% because the roughly 60% historical base rate, last season’s miss, weak-early-season outlook, and mere two-day target cushion outweigh the still-speculative very-strong-El-Niño upside.
4. Final plain mean of 5 draws
66%
(56% confidence)
Yes: 66%
No: 34%
Mean of 5 draws (0.64, 0.65, 0.64, 0.70, 0.68). (0) Nothing is resolved yet. Heavenly's lift-status page could not be read, and every source shows a zero base and the resort closed as of late September. YES still needs a public ski-lift opening by Nov 21, 2026 (Eastern Time).
(a) There are about seven weeks left, and the outcome hinges on early-to-mid-November snowmaking temperatures and storms.
(b) The status quo is Vail's official target of Nov 20, which leaves only a two-day cushion before the deadline. Recent history shows the target being missed by small margins: 2025 slipped from Nov 21 to Nov 24, and 2023 slipped but just made it on Nov 21. It has also been beaten: Nov 12, 2022 and Nov 20, 2024. Over the last ten seasons, Heavenly opened by the cutoff about 6 times in 10.
(c) NO: a very strong El Niño brings a mild, high-snow-line early November that hampers snowmaking, consistent with OpenSnow's analog-based slow-start outlook. Opening slips to around Thanksgiving, which matches OnTheSnow's algorithmic Nov 26 projection.
(d) YES: cold nights in late October and November let Heavenly's large snowmaking system build a base, possibly helped by an early storm, and it opens Nov 20 or earlier as in 2022 and 2024.
The market at 74% (bid 67%) looks somewhat rich against the ~60% base rate, the tight buffer, and slow-start signals. I shade below the market but stay near the base rate plus the target-date signal.
Pipeline Timing
Total pipeline time: 104.0s
Per-tool research timings shown in the Research section above.