Recent National Weather Service forecasts for the Los Angeles area, including LAX, point to highs near 76–78°F on August 7 amid a persistent marine layer that brings patchy fog and onshore flow, moderating peak temperatures along the coast. This aligns with typical early-August climatology, where average highs hover around 84°F downtown but drop several degrees nearer the ocean due to the cool Pacific influence and low-level stratus. Model consensus shows limited daytime heating under mostly sunny afternoon conditions, keeping values clustered in the mid-to-upper 70s rather than pushing into the 80s. Traders appear to weigh these official guidance updates and historical coastal analogs heavily, resulting in strong implied probabilities for the 76–79°F range while assigning low odds to warmer outliers.