2027 Best Picture Oscar nominations?

Prediction markets currently give a 6% probability that 2027 Best Picture Oscar nominations?. This contract trades at 6¢ on Kalshi, closing December 31, 2027. This illiquid micro-cap market on "The Drama" for the 2027 Best Picture race shows extreme mispricing, with a 1,405% annualized yield on the Yes side despite zero 24-hour volume and only $617 open interest.

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6¢
Bid/Ask 4/6¢·Spread 2¢·Vol $0·OI $623.63·Closes Dec 31, 2027·619d remaining
KXOSCARNOMPIC-27-DRA
7-day price66 snapshots · 3 regime
8¢4¢ current
Apr 84¢Apr 21

Analysis

4d ago

This illiquid micro-cap market on "The Drama" for the 2027 Best Picture race shows extreme mispricing, with a 1,405% annualized yield on the Yes side despite zero 24-hour volume and only $617 open interest. The 5¢ price appears artificially depressed given the film has nearly two years until the 99th Academy Awards, suggesting either minimal market participation or severe pessimism that hasn't been tested by actual trading. The wide 2¢ spread and recent 1¢ price decline over seven days indicate this is a speculative position with minimal liquidity and high cliff risk (24/100), making it unsuitable for serious capital allocation.

Resolution rules

If The Drama has been nominated for Best Picture at the 99th Academy Awards, then the market resolves to Yes.

Indicators

IY (Yes) 1415.7%
IY (No) 2.5%
Adj IY 1416%
CRI 24
RV 1217%
VR 3.60
▶ Full indicator table (8)
IndicatorValue
IY (Yes)1415.7%
IY (No)2.5%
Adj IY1416%
CRI24
RV1217%
VR3.60
IAR0.3/h
Overround7.4%

Regime

Label
neutral
Score
0.5
Spread
2¢
Computed
4/21/2026, 8:13:34 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXOSCARNOMPIC-27-DRA yes 100

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