Traders assign the highest probability to a Denver high of 100-101°F on August 3, driven by National Weather Service and global model consensus showing a persistent high-pressure ridge over the Front Range that favors strong daytime heating under clear skies and light winds. Ensemble forecasts from recent runs indicate limited spread around this range, consistent with early-August climatology when highs commonly reach the upper 90s. Dew points, soil moisture, and any afternoon convection remain key variables that could shift the peak by a degree or two. Updated model guidance and the next NWS forecast discussion are the primary near-term data releases likely to influence positioning.