Will Stephanie Spears Tomana be the Democratic nominee for WV-02?

Prediction markets currently give a 14% probability that Will Stephanie Spears Tomana be the Democratic nominee for WV-02?. This contract trades at 14¢ on Kalshi, closing November 3, 2027. This illiquid market shows extreme yield asymmetry, with Yes positions offering a 1010.9% implied yield versus just 4.1% for No, suggesting significant underpricing of Tomana's nomination chances or minimal conviction from traders.

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14¢
Bid/Ask 9/15¢·Spread 6¢·Vol $128·OI $2,151·Closes Nov 3, 2027·561d remaining
KXWVPRIMARY-02D26-STOM
7-day price5 snapshots · 2 regime
9¢9¢ current
Apr 104¢Apr 21

Analysis

4d ago

This illiquid market shows extreme yield asymmetry, with Yes positions offering a 1010.9% implied yield versus just 4.1% for No, suggesting significant underpricing of Tomana's nomination chances or minimal conviction from traders. The 7¢ bid-ask spread is substantial relative to the 10¢ price, and zero 24-hour volume combined with only $2,151 open interest indicates this contract struggles to attract participants despite over 18 months until the 11/3/2027 close. The recent price movement from 4¢ to 6¢ (a 50% increase) warrants scrutiny—it could reflect genuine information about Tomana's campaign momentum or simply reflect thin-market volatility given the negligible trading activity.

Resolution rules

If Stephanie Spears Tomana wins the nomination for the Democratic Party to contest the 2026 WV-02 House seat, then the market resolves to Yes.

Indicators

IY (Yes) 658.1%
IY (No) 6.4%
Adj IY 329%
CRI 10
Overround -0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)658.1%
IY (No)6.4%
Adj IY329%
CRI10
Overround-0.1%

Regime

Label
neutral
Score
0.409
Spread
6¢
Computed
4/21/2026, 8:13:02 PM
Observability mediumEvent type political
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXWVPRIMARY-02D26-STOM yes 100

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