Sustained Saudi-led coalition airstrikes supporting Yemen’s internationally recognized government forces against Houthi positions in Lahij, Taiz, and other southern and western governorates continue to drive high implied probabilities for daily strikes through November. Recent verifiable activity includes close air support on November 13–14 targeting Houthi frontline units and logistics in Madaribah wa al Arah and al Turbah districts, alongside interceptions of Houthi drones and missiles aimed at Saudi infrastructure. Houthi claims of retaliatory strikes on Saudi oil facilities and airports have prompted further coalition responses, maintaining operational tempo amid the “Dawn of Yemen” counteroffensive. Trader consensus reflects the pattern of near-daily qualifying air or missile actions tied to ground advances and border exchanges, with resolution dependent on confirmed strikes by the coalition or Yemeni government forces on each specific date.