Will the Republican Party win the FL-13 House seat?

This FL-13 market shows extreme asymmetry with a 467% implied yield on "No" versus 71% on "Yes," suggesting severe mispricing or structural illiquidity despite $2M open interest and a concerning 849% realized volatility. The zero 24-hour volume combined with a 6¢ spread indicates the market is essentially frozen, making the 72¢ price potentially unreliable for decision-making. With 201 days to expiry and a high cliff risk index of 3, this appears to be a thin, inactive market where the Republican lean may reflect stale pricing rather than current fundamentals.

Resolution rules

This market will resolve according to the party of the candidate who wins the FL-13 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