Will the maximum SP500 value reach 8999.99 by Jan 1, 2027?

Prediction markets currently give a 3% probability that Will the maximum SP500 value reach 8999.99 by Jan 1, 2027?. This contract trades at 3¢ on Kalshi, closing January 1, 2027. This market is pricing in an extremely low probability (3%) for the S&P 500 to reach 8999.99 during 2026, implying the index would need to gain roughly 8-10% from current levels to trigger a Yes resolution.

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3¢
Bid/Ask 3/6¢·Spread 3¢·Vol $0·OI $3,699·Closes Jan 1, 2027·255d remaining
KXINXMAXY-01JAN2027-8999.99

Analysis

4d ago

This market is pricing in an extremely low probability (3%) for the S&P 500 to reach 8999.99 during 2026, implying the index would need to gain roughly 8-10% from current levels to trigger a Yes resolution. The astronomical 4548% implied yield on the Yes side reflects the severe mispricing typical of tail-risk markets with minimal liquidity—zero 24-hour volume despite $3,656.80 in open interest suggests this contract is essentially illiquid and the 3¢ bid-ask spread may not represent true market consensus. With 259 days to expiry and a high cliff risk index of 32, this appears to be a speculative long-shot bet rather than an efficiently priced prediction.

Resolution rules

If the value of the S&P 500 index value starting Jan 1, 2026 and ending before Jan 1, 2027 is above 8999.99, then the market resolves to Yes.

Indicators

IY (Yes) 4635.0%
IY (No) 4.4%
Adj IY 2318%
CRI 32
Overround 1.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)4635.0%
IY (No)4.4%
Adj IY2318%
CRI32
Overround1.3%

Regime

Label
neutral
Score
0.341
Spread
3¢
Computed
4/21/2026, 8:16:45 PM
Observability lowEvent type financial
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXINXMAXY-01JAN2027-8999.99 yes 100

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