Will the Republican Party win the CA-44 House seat?

This market shows extreme mispricing with a 2,861% implied yield on the Yes side, suggesting the 6¢ price significantly undervalues Republican chances in CA-44, though the zero 24-hour volume indicates minimal liquidity to exploit this gap. The $41.2M open interest combined with a tight 1¢ spread creates a liquidity paradox typical of stale or consensus-heavy markets where traders have stopped actively repricing despite the massive yield differential. With 200 days to expiry and a neutral regime score, the lack of recent price movement (flat at 6¢) suggests this may reflect outdated information or a market that has simply stopped trading despite the high cliff risk index of 16.

Resolution rules

This market will resolve according to the party of the candidate who wins the CA-44 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The midterm elections will take place on November 4, 2026. ​A candidate's party will be determined by their ballot-listed or otherwise identifiable affiliation with that party at the time all of the 2026 House elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican parties will be considered a member of one of these parties based on the party with which they most recently expressed their intent to caucus at the time all of the House elections are conclusively called by this market's resolution sources. This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the United States government, specifically the Federal Election Commission (https://www.fec.gov/).

Indicators

Regime

Trade