Who will win the CA-11 House election?
Prediction markets currently give a 44% probability that Who will win the CA-11 House election?. This contract trades at 44¢ on Kalshi, closing November 3, 2027. This market shows extreme asymmetry with the Yes contract offering a 275% implied yield versus just 15% for No, suggesting significant underpricing of Chakrabarti's chances at the current 25¢ level.
Analysis
This market shows extreme asymmetry with the Yes contract offering a 275% implied yield versus just 15% for No, suggesting significant underpricing of Chakrabarti's chances at the current 25¢ level. The dramatic 7-day price surge from 1¢ to 19¢ (with current settlement at 25¢) indicates recent positive news or shifting sentiment, though the thin liquidity ($364 open interest, $209 daily volume) and wide 5¢ spread warrant caution on execution. With 566 days until the November 2027 close and a moderate Cliff Risk Index of 4, this appears to be a contrarian opportunity if you believe the recent momentum reflects genuine candidate viability rather than speculative noise.
Resolution rules
If Saikat Chakrabarti wins the CA-11 House election in 2026, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXCA11PERSON-26-SCHA yes 100