Will the White House Press Secretary say Fraud at her next press briefing?

Prediction markets currently give a 33% probability that Will the White House Press Secretary say Fraud at her next press briefing?. This contract trades at 33¢ on Kalshi, closing May 7, 2026. This micro-liquidity market shows extreme yield metrics (1702.5% for Yes, 1844.3% for No) driven by minimal open interest of just $11 and a tight 21-day window, making the annualized returns mathematically inflated rather than economically meaningful.

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33¢
Bid/Ask 31/34¢·Spread 3¢·Vol $118.03·OI $899.17·Closes May 7, 2026·16d remaining
KXSECPRESSMENTION-26MAY07-FRAU
7-day price38 snapshots · 2 regime
52¢31¢ current
Apr 162¢Apr 21

Analysis

5d ago

This micro-liquidity market shows extreme yield metrics (1702.5% for Yes, 1844.3% for No) driven by minimal open interest of just $11 and a tight 21-day window, making the annualized returns mathematically inflated rather than economically meaningful. The 50¢ midprice reflects genuine uncertainty about whether the Press Secretary will use the specific word "Fraud" at her next briefing, though the recent 49¢ price movement over seven days suggests modest recent conviction. With only $11 in 24-hour volume and a 4¢ spread, this market lacks depth for meaningful position-taking, and the Cliff Risk Index of 1 indicates binary resolution risk as the May 7 expiry approaches.

Resolution rules

If the White House Press Secretary says Fraud at the next Press Briefing by the White House Press Secretary (does not include gaggles), then the market resolves to Yes.

Indicators

IY (Yes) 5239.7%
IY (No) 1057.6%
Adj IY 2620%
CRI 2
Overround 9.6%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)5239.7%
IY (No)1057.6%
Adj IY2620%
CRI2
Overround9.6%

Regime

Label
neutral
Score
0.5
Spread
3¢
Computed
4/22/2026, 1:57:45 AM
Indicators computed 4/22/2026, 1:53:17 AM

Trade

View on kalshisf trade KXSECPRESSMENTION-26MAY07-FRAU yes 100

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