2027 Best Actress Oscar nominations?

Prediction markets currently give a 20% probability that 2027 Best Actress Oscar nominations?. This contract trades at 20¢ on Kalshi, closing December 31, 2027. This market shows zero trading activity with no open interest and a $0 24-hour volume, indicating severe illiquidity despite an extreme 307.3% implied yield on the Yes side—a red flag suggesting the 0¢ price may not reflect genuine market consensus but rather a lack of price discovery.

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20¢mid
Bid/Ask 16/24¢·Spread 8¢·Vol $0·OI $0·Closes Dec 31, 2027·618d remaining
KXOSCARNOMACTR-27-PEN

Analysis

5d ago

This market shows zero trading activity with no open interest and a $0 24-hour volume, indicating severe illiquidity despite an extreme 307.3% implied yield on the Yes side—a red flag suggesting the 0¢ price may not reflect genuine market consensus but rather a lack of price discovery. The 8¢ spread is unusually wide relative to the quoted price, and the 624-day timeframe to the 99th Academy Awards (March 2027) provides ample time for Penélope Cruz's career trajectory to shift the probability substantially. The Cliff Risk Index of 5 suggests moderate uncertainty around resolution mechanics or nomination eligibility, warranting caution before treating this as a genuine arbitrage opportunity.

Resolution rules

If Penélope Cruz has been nominated for Best Actress at the 99th Academy Awards, then the market resolves to Yes.

Indicators

IY (Yes) 309.9%
IY (No) 11.2%
Adj IY 77%
CRI 5
Overround 1.9%
LAS 0.50
▶ Full indicator table (6)
IndicatorValue
IY (Yes)309.9%
IY (No)11.2%
Adj IY77%
CRI5
Overround1.9%
LAS0.50

Regime

Label
neutral
Score
0.5
Spread
8¢
Computed
4/22/2026, 8:29:24 AM
Has orderbookIndicators computed 4/22/2026, 8:23:23 AM

Trade

View on kalshisf trade KXOSCARNOMACTR-27-PEN yes 100

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