Name: SimpleFunctions
Author: SimpleFunctions

Question 1

What is the current probability for "Will legislation that reauthorizes FISA Section 702 authority become law before May 2, 2026?"?

Accepted Answer

This prediction market is currently priced at 87¢ (87% implied probability) on Kalshi. It closes on May 2, 2026. 11 days remaining.

Question 2

What is the implied yield on "Will legislation that reauthorizes FISA Section 702 authority become law before May 2, 2026?"?

Accepted Answer

The annualized implied yield on the YES side is 553.0% and 20868.8% on the NO side. Implied yield measures the annualized return if the contract is held to expiry and resolves in your favor.

Question 3

Where can I trade "Will legislation that reauthorizes FISA Section 702 authority become law before May 2, 2026?"?

Accepted Answer

This market trades on Kalshi, a US-regulated prediction market exchange. You can also analyze it with SimpleFunctions — AI-powered indicators, regime detection, and autonomous trading across both venues.

Indicator	Value	Meaning
IY (Yes)	553.0%	Annualized return if held to expiry, YES side
IY (No)	20868.8%	Annualized return, NO side
Adj IY	20869%	Risk-adjusted IY — penalizes dead markets and high friction
CRI	6	Cliff Risk Index — how fast the market approaches resolution
RV	128%	Realized Volatility — annualized stddev from 48h price history
VR	0.54	Vol Ratio — realized vol / theoretical max. >0.8 very active, <0.1 dead
IAR	0.5/h	Info Arrival Rate — meaningful price changes per hour (48h)
Overround	2.1%	Multi-outcome arb signal across the event family

Will legislation that reauthorizes FISA Section 702 authority become law before May 2, 2026?

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